Loan detail for BBCMS 2023-C20.
Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-01
← BBCMS 2023-C20 · CMBS market
Detail sections for the 43 loans of this deal that do not have a page of their own. Loans with a surveillance history, loans at or above the section's size threshold of $25.0M, and the largest loans in the deal have their own pages, linked from the loan table on the deal page. Every loan in the deal appears either here or on its own page.
Oxmoor Center
| Property | Oxmoor Center |
| Address | 7900 Shelbyville Road; Louisville, KY 40222 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 904,078 |
| Year built | 1971 |
| Year last renovated | 2022 |
| Original balance | $22.5M |
| Current balance | $22.5M (July 2023) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 8.12% |
| Current interest rate | 8.12% |
| Origination date | 05-25-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-06-01 |
| Prepayment lockout end | 02-29-2028 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc., Société Générale Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
South Lake at Dulles
| Property | South Lake at Dulles |
| Address | 13820 Sunrise Valley Drive; Herndon, VA 20171 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 269,873 |
| Year built | 2008 |
| Year last renovated | 2020 |
| Original balance | $20.5M |
| Current balance | $20.5M (July 2023) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 6.06% |
| Current interest rate | 6.06% |
| Origination date | 03-02-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-03-05 |
| Prepayment lockout end | 03-04-2025 |
| Yield maintenance end | 09-04-2027 |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Société Générale Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
One & Two Commerce Square
| Property | One & Two Commerce Square |
| Address | 2001 and 2005 Market Street; Philadelphia, PA 19103 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 1,896,143 |
| Year built | 1987 |
| Year last renovated | not yet reported |
| Original balance | $20.0M |
| Current balance | $20.0M (September 2026) |
| Share of deal balance | 2.5% |
| Interest rate at origination | 7.79% |
| Current interest rate | 7.79% |
| Origination date | 06-01-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $53.7M |
| Operating expenses | $28.9M |
| Net operating income | $24.8M |
| Net cash flow | $21.5M |
| DSCR (net cash flow) | 1.24 |
| DSCR (net operating income) | 1.43 |
| Occupancy | 85% |
| Servicer advances outstanding | $0 |
Seagate Campus
| Property | Seagate Campus |
| Address | 47488 Kato Road; Fremont, CA 94538 |
| Property type | Industrial |
| Units, beds or keys | 0 |
| Net rentable square feet | 574,775 |
| Year built | 2010 |
| Year last renovated | 2016 |
| Original balance | $20.0M |
| Current balance | $20.0M (September 2026) |
| Share of deal balance | 2.5% |
| Interest rate at origination | 7.04% |
| Current interest rate | 7.04% |
| Origination date | 05-24-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | CREFI |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $25.7M |
| Operating expenses | $859,284 |
| Net operating income | $24.9M |
| Net cash flow | $24.0M |
| DSCR (net cash flow) | 1.95 |
| DSCR (net operating income) | 2.03 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Doubletree Downtown Chattanooga
| Property | Doubletree Downtown Chattanooga |
| Address | 407 Chestnut Street; Chattanooga, TN 37402 |
| Property type | Lodging |
| Units, beds or keys | 186 |
| Net rentable square feet | not yet reported |
| Year built | 1978 |
| Year last renovated | 2022 |
| Original balance | $19.5M |
| Current balance | $19.5M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 7.03% |
| Current interest rate | 7.03% |
| Origination date | 05-12-2023 |
| Original term | 84 months |
| Amortization term | not yet reported |
| Interest-only period | 84 months |
| Scheduled maturity | 2030-06-01 |
| Prepayment lockout end | 02-28-2030 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Société Générale Financial Corporation |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $8.6M |
| Operating expenses | $6.4M |
| Net operating income | $2.2M |
| Net cash flow | $1.9M |
| DSCR (net cash flow) | 1.35 |
| DSCR (net operating income) | 1.59 |
| Occupancy | 56% |
| Servicer advances outstanding | $0 |
Arden Square Shopping Center (and 1 more properties)
| Property | Arden Square Shopping Center (and 1 more properties) |
| Address | 3102-3198 Arden Way; 755 Desert Flower Boulevard; Sacramento, CA (and 1 more) 95825 |
| Property type | Retail |
| Units, beds or keys | ["0", "0"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2022", "2020"] |
| Original balance | $19.5M |
| Current balance | $19.5M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 6.72% |
| Current interest rate | 6.72% |
| Origination date | 04-19-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-05-06 |
| Prepayment lockout end | 07-05-2025 |
| Yield maintenance end | 11-05-2032 |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc. |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | ["12-31-2025", "12-31-2025"] |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Gloucester Premium Outlets
| Property | Gloucester Premium Outlets |
| Address | 100 200 300 400 and 600 Premium Outlets Drive; Blackwood, NJ 8012 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 378,515 |
| Year built | 2015 |
| Year last renovated | not yet reported |
| Original balance | $18.3M |
| Current balance | $18.3M (September 2026) |
| Share of deal balance | 2.2% |
| Interest rate at origination | 6.12% |
| Current interest rate | 6.12% |
| Origination date | 02-03-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-03-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $20.7M |
| Operating expenses | $8.3M |
| Net operating income | $12.4M |
| Net cash flow | $11.7M |
| DSCR (net cash flow) | 2.52 |
| DSCR (net operating income) | 2.66 |
| Occupancy | 80% |
| Servicer advances outstanding | $0 |
Fashion Valley Mall
| Property | Fashion Valley Mall |
| Address | 7007 Friars Road; San Diego, CA 92108 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 1,377,155 |
| Year built | 1969 |
| Year last renovated | 2023 |
| Original balance | $17.5M |
| Current balance | $17.5M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 5.73% |
| Current interest rate | 5.73% |
| Origination date | 05-25-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | $0 |
| Operating expenses | $0 |
| Net operating income | $0 |
| Net cash flow | $0 |
| DSCR (net cash flow) | 0.00 |
| DSCR (net operating income) | 0.00 |
| Occupancy | 85% |
| Servicer advances outstanding | $0 |
Great Lakes Crossing Outlets
| Property | Great Lakes Crossing Outlets |
| Address | 4000 Baldwin Road; Auburn Hills, MI 48326 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 1,128,332 |
| Year built | 1998 |
| Year last renovated | 2010 |
| Original balance | $17.5M |
| Current balance | $17.5M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 6.52% |
| Current interest rate | 6.52% |
| Origination date | 01-05-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-02-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BMO |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $50.0M |
| Operating expenses | $18.0M |
| Net operating income | $32.0M |
| Net cash flow | $30.2M |
| DSCR (net cash flow) | 2.54 |
| DSCR (net operating income) | 2.69 |
| Occupancy | 93% |
| Servicer advances outstanding | $0 |
Great Lakes Crossing Outlets
| Property | Great Lakes Crossing Outlets |
| Address | 4000 Baldwin Road; Auburn Hills, MI 48326 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 1,128,332 |
| Year built | 1998 |
| Year last renovated | 2010 |
| Original balance | $17.5M |
| Current balance | $17.5M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 6.52% |
| Current interest rate | 6.52% |
| Origination date | 01-05-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-02-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BMO |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 09-30-2023 |
| Revenue | $151.8M |
| Operating expenses | $59.8M |
| Net operating income | $92.0M |
| Net cash flow | $87.0M |
| DSCR (net cash flow) | 2.41 |
| DSCR (net operating income) | 2.55 |
| Occupancy | 0% |
| Servicer advances outstanding | $0 |
Belpre V Cancer Center - Belpre OH
| Property | Belpre V Cancer Center - Belpre OH |
| Address | 807 Farson Street; Belpre, OH 45714 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 77,367 |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $18.5M |
| Current balance | $16.9M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 6.45% |
| Current interest rate | 6.45% |
| Origination date | 05-24-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | $0 |
| Operating expenses | $0 |
| Net operating income | $0 |
| Net cash flow | $0 |
| DSCR (net cash flow) | 0.00 |
| DSCR (net operating income) | 0.00 |
| Occupancy | 0% |
| Servicer advances outstanding | $0 |
Villa de Cancun
| Property | Villa de Cancun |
| Address | 9450 Woodfair Drive; Houston, TX 77036 |
| Property type | Multifamily |
| Units, beds or keys | 329 |
| Net rentable square feet | not yet reported |
| Year built | 1979 |
| Year last renovated | 2021 |
| Original balance | $16.0M |
| Current balance | $16.0M (September 2026) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 6.68% |
| Current interest rate | 6.68% |
| Origination date | 04-28-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2033-05-06 |
| Prepayment lockout end | 06-05-2025 |
| Yield maintenance end | 02-05-2033 |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $3.2M |
| Operating expenses | $1.1M |
| Net operating income | $2.2M |
| Net cash flow | $2.1M |
| DSCR (net cash flow) | 1.92 |
| DSCR (net operating income) | 1.99 |
| Occupancy | 90% |
| Servicer advances outstanding | $0 |
CX - 250 Water Street
| Property | CX - 250 Water Street |
| Address | 250 Water Street; Sommerville, MA 2141 |
| Property type | Mixed use |
| Units, beds or keys | 0 |
| Net rentable square feet | 479,004 |
| Year built | 2022 |
| Year last renovated | not yet reported |
| Original balance | $15.8M |
| Current balance | $15.8M (September 2026) |
| Share of deal balance | 1.9% |
| Interest rate at origination | 5.51% |
| Current interest rate | 5.51% |
| Origination date | 01-27-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2038-02-10 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $67.4M |
| Operating expenses | $20.4M |
| Net operating income | $47.0M |
| Net cash flow | $46.9M |
| DSCR (net cash flow) | 1.58 |
| DSCR (net operating income) | 1.58 |
| Occupancy | 99% |
| Servicer advances outstanding | $0 |
Barbours Cut IOS
| Property | Barbours Cut IOS |
| Address | 816 West Barbours Cut Boulevard; La Porte, TX 77571 |
| Property type | Industrial |
| Units, beds or keys | 100 |
| Net rentable square feet | not yet reported |
| Year built | 1980 |
| Year last renovated | 2018 |
| Original balance | $15.7M |
| Current balance | $15.7M (July 2023) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 7.20% |
| Current interest rate | 7.20% |
| Origination date | 05-09-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 03-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Fashion Valley Mall
| Property | Fashion Valley Mall |
| Address | 7007 Friars Road; San Diego, CA 92108 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 1,377,155 |
| Year built | 1969 |
| Year last renovated | 2023 |
| Original balance | $15.0M |
| Current balance | $15.0M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 5.73% |
| Current interest rate | 5.73% |
| Origination date | 05-25-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 09-30-2024 |
| Revenue | $107.1M |
| Operating expenses | $22.1M |
| Net operating income | $85.0M |
| Net cash flow | $83.3M |
| DSCR (net cash flow) | 3.19 |
| DSCR (net operating income) | 3.25 |
| Occupancy | 85% |
| Servicer advances outstanding | $0 |
6330 West Loop South
| Property | 6330 West Loop South |
| Address | 6330 West Loop South; Bellaire, TX 77401 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 278,489 |
| Year built | 1975 |
| Year last renovated | 2008 |
| Original balance | $15.0M |
| Current balance | $15.0M (July 2023) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 8.18% |
| Current interest rate | 8.18% |
| Origination date | 05-01-2023 |
| Original term | 60 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-05-01 |
| Prepayment lockout end | 07-31-2025 |
| Yield maintenance end | 10-31-2027 |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Bank of America, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
The Genesis Kent
| Property | The Genesis Kent |
| Address | 1494 Stratford Drive and 548 East Summit Street; Kent, OH 44240 |
| Property type | Multifamily |
| Units, beds or keys | 223 |
| Net rentable square feet | not yet reported |
| Year built | 1965 |
| Year last renovated | 2023 |
| Original balance | $14.8M |
| Current balance | $14.8M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 7.32% |
| Current interest rate | 7.32% |
| Origination date | 06-07-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-07-06 |
| Prepayment lockout end | 04-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $748,633 |
| Operating expenses | $546,527 |
| Net operating income | $202,106 |
| Net cash flow | $185,381 |
| DSCR (net cash flow) | 0.69 |
| DSCR (net operating income) | 0.75 |
| Occupancy | 94% |
| Servicer advances outstanding | $0 |
6330 West Loop South
| Property | 6330 West Loop South |
| Address | 6330 West Loop South; Bellaire, TX 77401 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 278,489 |
| Year built | 1976 |
| Year last renovated | 2008 |
| Original balance | $15.0M |
| Current balance | $14.6M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 8.18% |
| Current interest rate | 8.18% |
| Origination date | 05-01-2023 |
| Original term | 60 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-05-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $4.3M |
| Operating expenses | $1.6M |
| Net operating income | $2.7M |
| Net cash flow | $2.5M |
| DSCR (net cash flow) | 1.12 |
| DSCR (net operating income) | 1.19 |
| Occupancy | 88% |
| Servicer advances outstanding | $0 |
Great Lakes Crossing Outlets
| Property | Great Lakes Crossing Outlets |
| Address | 4000 Baldwin Road; Auburn Hills, MI 48326 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 1,128,332 |
| Year built | 1998 |
| Year last renovated | 2010 |
| Original balance | $14.2M |
| Current balance | $14.2M (September 2026) |
| Share of deal balance | 1.7% |
| Interest rate at origination | 6.52% |
| Current interest rate | 6.52% |
| Origination date | 01-05-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-02-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BMO |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 09-30-2023 |
| Revenue | $101.2M |
| Operating expenses | $39.9M |
| Net operating income | $61.3M |
| Net cash flow | $58.0M |
| DSCR (net cash flow) | 2.41 |
| DSCR (net operating income) | 2.55 |
| Occupancy | 92% |
| Servicer advances outstanding | $0 |
Wyndham National Hotel Portfolio
| Property | Wyndham National Hotel Portfolio |
| Address | not yet reported |
| Property type | Lodging |
| Units, beds or keys | 3729 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $15.0M |
| Current balance | $13.6M (July 2023) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 4.85% |
| Current interest rate | 4.85% |
| Origination date | 11-27-2019 |
| Original term | 120 months |
| Amortization term | 270 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-12-06 |
| Prepayment lockout end | 01-05-2022 |
| Yield maintenance end | 09-05-2029 |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | UBS AG |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Holiday Inn Express Brookhaven (and 1 more properties)
| Property | Holiday Inn Express Brookhaven (and 1 more properties) |
| Address | 1212 Brookway Boulevard; 5750 State Highway 44; Brookhaven, MS (and 1 more) 39601 |
| Property type | Lodging |
| Units, beds or keys | ["79", "99"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | 2022 |
| Original balance | $13.5M |
| Current balance | $13.1M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 7.15% |
| Current interest rate | 7.15% |
| Origination date | 05-31-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 07-05-2025 |
| Yield maintenance end | 03-05-2033 |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | ["03-31-2026", "03-31-2026"] |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Stoney Creek Inn Kansas City Independence
| Property | Stoney Creek Inn Kansas City Independence |
| Address | 18011 Bass Pro Drive; Independence, MO 64055 |
| Property type | Lodging |
| Units, beds or keys | 167 |
| Net rentable square feet | not yet reported |
| Year built | 2015 |
| Year last renovated | not yet reported |
| Original balance | $13.0M |
| Current balance | $13.0M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 6.98% |
| Current interest rate | 6.98% |
| Origination date | 05-12-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 02-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.6M |
| Operating expenses | $2.9M |
| Net operating income | $686,260 |
| Net cash flow | $544,090 |
| DSCR (net cash flow) | 1.18 |
| DSCR (net operating income) | 1.49 |
| Occupancy | 63% |
| Servicer advances outstanding | $0 |
Cross Island Plaza
| Property | Cross Island Plaza |
| Address | 13333 Brookville Boulevard; Rosedale, NY 11422 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 256,930 |
| Year built | 1982 |
| Year last renovated | 2021 |
| Original balance | $12.5M |
| Current balance | $12.5M (July 2023) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 6.60% |
| Current interest rate | 6.60% |
| Origination date | 05-02-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-05-06 |
| Prepayment lockout end | 02-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Seagate Campus
| Property | Seagate Campus |
| Address | 47488 Kato Road; Fremont, CA 94538 |
| Property type | Industrial |
| Units, beds or keys | 0 |
| Net rentable square feet | 574,775 |
| Year built | 2010 |
| Year last renovated | 2016 |
| Original balance | $12.0M |
| Current balance | $12.0M (September 2026) |
| Share of deal balance | 1.5% |
| Interest rate at origination | 7.04% |
| Current interest rate | 7.04% |
| Origination date | 05-24-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | CREFI |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | $0 |
| Operating expenses | $0 |
| Net operating income | $0 |
| Net cash flow | $0 |
| DSCR (net cash flow) | 0.00 |
| DSCR (net operating income) | 0.00 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
South Lake at Dulles
| Property | South Lake at Dulles |
| Address | 13820 Sunrise Valley Drive; Herndon, VA 20171 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 269,873 |
| Year built | 2008 |
| Year last renovated | 2020 |
| Original balance | $10.5M |
| Current balance | $10.5M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 6.06% |
| Current interest rate | 6.06% |
| Origination date | 03-02-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-03-05 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | SGFC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $5.8M |
| Operating expenses | $1.4M |
| Net operating income | $4.4M |
| Net cash flow | $4.4M |
| DSCR (net cash flow) | 2.37 |
| DSCR (net operating income) | 2.38 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Oxmoor Center
| Property | Oxmoor Center |
| Address | 7900 Shelbyville Road; Louisville, KY 40222 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 904,078 |
| Year built | 1971 |
| Year last renovated | 2022 |
| Original balance | $10.0M |
| Current balance | $10.0M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 8.12% |
| Current interest rate | 8.12% |
| Origination date | 05-25-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-06-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $18.9M |
| Operating expenses | $7.3M |
| Net operating income | $11.6M |
| Net cash flow | $10.7M |
| DSCR (net cash flow) | 1.45 |
| DSCR (net operating income) | 1.56 |
| Occupancy | 99% |
| Servicer advances outstanding | $0 |
South Lake at Dulles
| Property | South Lake at Dulles |
| Address | 13820 Sunrise Valley Drive; Herndon, VA 20171 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 269,873 |
| Year built | 2008 |
| Year last renovated | 2020 |
| Original balance | $10.0M |
| Current balance | $10.0M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.06% |
| Current interest rate | 6.06% |
| Origination date | 03-02-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-03-05 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | SGFC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $5.8M |
| Operating expenses | $1.4M |
| Net operating income | $4.4M |
| Net cash flow | $4.4M |
| DSCR (net cash flow) | 2.37 |
| DSCR (net operating income) | 2.38 |
| Occupancy | 0% |
| Servicer advances outstanding | $0 |
Barbours Cut IOS
| Property | Barbours Cut IOS |
| Address | 816 West Barbours Cut Boulevard; La Porte, TX 77571 |
| Property type | Industrial |
| Units, beds or keys | 0 |
| Net rentable square feet | 100 |
| Year built | 1980 |
| Year last renovated | 2018 |
| Original balance | $10.0M |
| Current balance | $10.0M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 7.20% |
| Current interest rate | 7.20% |
| Origination date | 05-09-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | AREF2 |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $6.2M |
| Operating expenses | $700,542 |
| Net operating income | $5.5M |
| Net cash flow | $5.5M |
| DSCR (net cash flow) | 1.61 |
| DSCR (net operating income) | 1.61 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
One & Two Commerce Square
| Property | One & Two Commerce Square |
| Address | 2001 and 2005 Market Street; Philadelphia, PA 19103 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 1,896,143 |
| Year built | 1987 |
| Year last renovated | not yet reported |
| Original balance | $10.0M |
| Current balance | $10.0M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 7.79% |
| Current interest rate | 7.79% |
| Origination date | 06-01-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $53.7M |
| Operating expenses | $28.9M |
| Net operating income | $24.8M |
| Net cash flow | $21.5M |
| DSCR (net cash flow) | 1.24 |
| DSCR (net operating income) | 1.43 |
| Occupancy | 85% |
| Servicer advances outstanding | $0 |
Oxmoor Center
| Property | Oxmoor Center |
| Address | 7900 Shelbyville Road; Louisville, KY 40222 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 904,078 |
| Year built | 1971 |
| Year last renovated | 2022 |
| Original balance | $7.5M |
| Current balance | $7.5M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 8.12% |
| Current interest rate | 8.12% |
| Origination date | 05-25-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-06-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 09-30-2023 |
| Revenue | $10.8M |
| Operating expenses | $6.0M |
| Net operating income | $4.8M |
| Net cash flow | $4.1M |
| DSCR (net cash flow) | 1.67 |
| DSCR (net operating income) | 1.92 |
| Occupancy | 97% |
| Servicer advances outstanding | $0 |
Walnut Creek (and 7 more properties)
| Property | Walnut Creek (and 7 more properties) |
| Address | 3773-3841 South Hamilton Road; 5700 Crain Highway; 1000 North Pearl Street; 1255 West Landis Avenue; 216 East Fairmount Street; 1805 Weeksville Road; 624 South Church Street; 3924 16th Street; Groveport, OH (and 7 more) 43125 |
| Property type | Retail |
| Units, beds or keys | ["0", "0", "0", "0", "0", "0", "0", "0"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["1995", "2010"] |
| Original balance | $7.3M |
| Current balance | $7.3M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.45% |
| Current interest rate | 6.45% |
| Origination date | 06-05-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 12-05-2032 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc. |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | ["06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026"] |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Gloucester Premium Outlets
| Property | Gloucester Premium Outlets |
| Address | 100 200 300 400 and 600 Premium Outlets Drive; Blackwood, NJ 8012 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 378,515 |
| Year built | 2015 |
| Year last renovated | not yet reported |
| Original balance | $6.7M |
| Current balance | $6.7M (September 2026) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 6.12% |
| Current interest rate | 6.12% |
| Origination date | 02-03-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-03-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $20.7M |
| Operating expenses | $8.3M |
| Net operating income | $12.4M |
| Net cash flow | $11.7M |
| DSCR (net cash flow) | 2.52 |
| DSCR (net operating income) | 2.66 |
| Occupancy | 80% |
| Servicer advances outstanding | $0 |
Hampton Inn Columbus Dublin
| Property | Hampton Inn Columbus Dublin |
| Address | 3920 Tuller Road; Dublin, OH 43017 |
| Property type | Lodging |
| Units, beds or keys | 123 |
| Net rentable square feet | not yet reported |
| Year built | 1988 |
| Year last renovated | 2011 |
| Original balance | $6.8M |
| Current balance | $6.6M (September 2026) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 7.95% |
| Current interest rate | 7.95% |
| Origination date | 05-26-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 03-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | LMF Commercial, LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.8M |
| Operating expenses | $1.8M |
| Net operating income | $1.0M |
| Net cash flow | $901,985 |
| DSCR (net cash flow) | 1.52 |
| DSCR (net operating income) | 1.71 |
| Occupancy | 48% |
| Servicer advances outstanding | $0 |
Peterboro Office & Retail
| Property | Peterboro Office & Retail |
| Address | 10 Peterboro St Unit 2 &; Detroit, MI 48201 |
| Property type | Mixed use |
| Units, beds or keys | 0 |
| Net rentable square feet | 51,748 |
| Year built | 1921 |
| Year last renovated | not yet reported |
| Original balance | $6.5M |
| Current balance | $6.3M (September 2026) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 7.56% |
| Current interest rate | 7.56% |
| Origination date | 06-02-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 03-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $1.3M |
| Operating expenses | $530,708 |
| Net operating income | $817,806 |
| Net cash flow | $753,121 |
| DSCR (net cash flow) | 1.37 |
| DSCR (net operating income) | 1.49 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
CX - 250 Water Street
| Property | CX - 250 Water Street |
| Address | 250 Water Street; Sommerville, MA 2141 |
| Property type | Mixed use |
| Units, beds or keys | 0 |
| Net rentable square feet | 479,004 |
| Year built | 2022 |
| Year last renovated | not yet reported |
| Original balance | $6.2M |
| Current balance | $6.2M (September 2026) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 5.51% |
| Current interest rate | 5.51% |
| Origination date | 01-27-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2038-02-10 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | BANA |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $67.4M |
| Operating expenses | $20.4M |
| Net operating income | $47.0M |
| Net cash flow | $46.9M |
| DSCR (net cash flow) | 1.58 |
| DSCR (net operating income) | 1.58 |
| Occupancy | 99% |
| Servicer advances outstanding | $0 |
Volunteer RV Park
| Property | Volunteer RV Park |
| Address | 9514 Diggs Gap Road; Heiskell, TN 37754 |
| Property type | Manufactured housing |
| Units, beds or keys | 135 |
| Net rentable square feet | not yet reported |
| Year built | 1982 |
| Year last renovated | not yet reported |
| Original balance | $6.0M |
| Current balance | $6.0M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 6.94% |
| Current interest rate | 6.94% |
| Origination date | 04-28-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-05-01 |
| Prepayment lockout end | 01-31-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Bank of America, N.A. |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 09-30-2025 |
| Revenue | $873,723 |
| Operating expenses | $437,377 |
| Net operating income | $436,346 |
| Net cash flow | $431,283 |
| DSCR (net cash flow) | 1.36 |
| DSCR (net operating income) | 1.38 |
| Occupancy | 79% |
| Servicer advances outstanding | $0 |
Barbours Cut IOS
| Property | Barbours Cut IOS |
| Address | 816 West Barbours Cut Boulevard; La Porte, TX 77571 |
| Property type | Industrial |
| Units, beds or keys | 0 |
| Net rentable square feet | 100 |
| Year built | 1980 |
| Year last renovated | 2018 |
| Original balance | $5.7M |
| Current balance | $5.7M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 7.20% |
| Current interest rate | 7.20% |
| Origination date | 05-09-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | AREF2 |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $6.2M |
| Operating expenses | $700,542 |
| Net operating income | $5.5M |
| Net cash flow | $5.5M |
| DSCR (net cash flow) | 1.61 |
| DSCR (net operating income) | 1.61 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Lagoons MHC RV Park
| Property | Lagoons MHC RV Park |
| Address | 600 Enterprise Boulevard; Rockport, TX 78382 |
| Property type | Manufactured housing |
| Units, beds or keys | 303 |
| Net rentable square feet | not yet reported |
| Year built | 1997 |
| Year last renovated | not yet reported |
| Original balance | $5.5M |
| Current balance | $5.5M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 6.44% |
| Current interest rate | 6.44% |
| Origination date | 05-11-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2033-06-01 |
| Prepayment lockout end | 02-28-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Société Générale Financial Corporation |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.4M |
| Operating expenses | $844,931 |
| Net operating income | $514,996 |
| Net cash flow | $496,480 |
| DSCR (net cash flow) | 1.38 |
| DSCR (net operating income) | 1.43 |
| Occupancy | 65% |
| Servicer advances outstanding | $0 |
Homewood Suites Schaumburg
| Property | Homewood Suites Schaumburg |
| Address | 815 American Lane; Schaumburg, IL 60173 |
| Property type | Lodging |
| Units, beds or keys | 108 |
| Net rentable square feet | not yet reported |
| Year built | 1990 |
| Year last renovated | not yet reported |
| Original balance | $5.5M |
| Current balance | $5.3M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 6.91% |
| Current interest rate | 6.91% |
| Origination date | 06-02-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 02-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $4.8M |
| Operating expenses | $3.0M |
| Net operating income | $1.8M |
| Net cash flow | $1.6M |
| DSCR (net cash flow) | 3.58 |
| DSCR (net operating income) | 4.02 |
| Occupancy | 87% |
| Servicer advances outstanding | $0 |
Oxmoor Center
| Property | Oxmoor Center |
| Address | 7900 Shelbyville Road; Louisville, KY 40222 |
| Property type | Retail |
| Units, beds or keys | 0 |
| Net rentable square feet | 904,078 |
| Year built | 1971 |
| Year last renovated | 2022 |
| Original balance | $5.0M |
| Current balance | $5.0M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 8.12% |
| Current interest rate | 8.12% |
| Origination date | 05-25-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-06-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 09-30-2023 |
| Revenue | $10.8M |
| Operating expenses | $6.0M |
| Net operating income | $4.8M |
| Net cash flow | $4.1M |
| DSCR (net cash flow) | 1.67 |
| DSCR (net operating income) | 1.92 |
| Occupancy | 97% |
| Servicer advances outstanding | $0 |
8 Maple Avenue
| Property | 8 Maple Avenue |
| Address | 8 Maple Avenue; Bay Shore, NY 11706 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 8,500 |
| Year built | 1954 |
| Year last renovated | 2002 |
| Original balance | $4.8M |
| Current balance | $4.8M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 7.50% |
| Current interest rate | 7.50% |
| Origination date | 06-05-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 03-05-2033 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $570,125 |
| Operating expenses | $190,776 |
| Net operating income | $379,349 |
| Net cash flow | $375,099 |
| DSCR (net cash flow) | 1.03 |
| DSCR (net operating income) | 1.04 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Belpre V Cancer Center - Belpre OH
| Property | Belpre V Cancer Center - Belpre OH |
| Address | 807 Farson Street; Belpre, OH 45714 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 77,367 |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $3.0M |
| Current balance | $2.7M (September 2026) |
| Share of deal balance | 0.3% |
| Interest rate at origination | 6.45% |
| Current interest rate | 6.45% |
| Origination date | 05-24-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Barclays |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | $0 |
| Operating expenses | $0 |
| Net operating income | $0 |
| Net cash flow | $0 |
| DSCR (net cash flow) | 0.00 |
| DSCR (net operating income) | 0.00 |
| Occupancy | 0% |
| Servicer advances outstanding | $0 |
852-854 Rogers Avenue
| Property | 852-854 Rogers Avenue |
| Address | 852-854 Rogers Avenue; Brooklyn, NY 11226 |
| Property type | Mixed use |
| Units, beds or keys | 0 |
| Net rentable square feet | 4 |
| Year built | 1910 |
| Year last renovated | 2017 |
| Original balance | $2.5M |
| Current balance | $2.5M (September 2026) |
| Share of deal balance | 0.3% |
| Interest rate at origination | 7.29% |
| Current interest rate | 7.29% |
| Origination date | 05-30-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 06-05-2025 |
| Yield maintenance end | 03-05-2033 |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | LMF Commercial, LLC |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $298,902 |
| Operating expenses | $90,730 |
| Net operating income | $208,172 |
| Net cash flow | $206,316 |
| DSCR (net cash flow) | 1.10 |
| DSCR (net operating income) | 1.11 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |