Benchmark 2023-V3 Mortgage Trust: loan annex

Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-01

← Benchmark 2023-V3 Mortgage Trust · CMBS market

Detail sections for the 15 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.

Widener Building

Property	Widener Building
Address	1327-1339 Chestnut Street; Philadelphia, PA 19107
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	458,265
Year built	1916
Year last renovated	2007
Original balance	$23.0M
Current balance	$23.0M (September 2026)
Share of deal balance	2.5%
Interest rate at origination	7.69%
Current interest rate	7.69%
Origination date	06-09-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-07-06
Prepayment lockout end	03-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Bank of Montreal
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$92.7M	03-30-2023	MAI
Most recent reported	$92.7M	2023-03-30	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
Philadelphia Municipal Author	176,114	12-31-2032
First Judicial District of PA (0600 / 1000)	48,600	08-31-2032
Chestnut Master LLC	42,835	06-30-2033

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	2005 & 2001 Market Street; Philadelphia, PA 19103
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	2,079,354
Year built	1987
Year last renovated	2013
Original balance	$22.5M
Current balance	$22.5M (September 2026)
Share of deal balance	2.4%
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	07-05-2025
Yield maintenance end	12-05-2027
Servicer	not yet reported
Loan servicer	not yet reported
Originator	Barclays Capital Real Estate Inc.
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$428.0M	03-30-2023	MAI
Most recent reported	$428.0M	2023-03-30	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
PwC US Group LLP	138,413	04-30-2030
Fox Rothschild LLP	83,024	10-31-2040
Stradley, Ronon, Stevens & Youn	69,111	12-31-2033

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$15.0M
Operating expenses	$7.2M
Net operating income	$7.8M
Net cash flow	$7.0M
DSCR (net cash flow)	1.63
DSCR (net operating income)	1.82
Occupancy	90%
Servicer advances outstanding	$0

Miracle Mile Mall

Property	Miracle Mile Mall
Address	3663 South Las Vegas Boulevard; Las Vegas, NV 89109
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	480,500
Year built	2000
Year last renovated	2023
Original balance	$20.0M
Current balance	$20.0M (September 2026)
Share of deal balance	2.1%
Interest rate at origination	6.99%
Current interest rate	6.99%
Origination date	06-06-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-06-06
Prepayment lockout end	08-05-2025
Yield maintenance end	12-05-2027
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Goldman Sachs Bank USA
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$1.10B	03-28-2023	MAI
Most recent reported	$1.10B	2023-03-28	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
V Theater	38,428	12-31-2028
Saxe Theater	22,398	12-31-2028
Victoria's Secret	20,872	05-31-2037

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$17.6M
Operating expenses	$6.3M
Net operating income	$11.4M
Net cash flow	$11.2M
DSCR (net cash flow)	1.48
DSCR (net operating income)	1.51
Occupancy	88%
Servicer advances outstanding	$0

150 South Warner

Property	150 South Warner
Address	150 South Warner; King of Prussia, PA 19406
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	153,081
Year built	1986
Year last renovated	2022
Original balance	$20.5M
Current balance	$19.9M (September 2026)
Share of deal balance	2.1%
Interest rate at origination	7.69%
Current interest rate	7.69%
Origination date	06-14-2023
Original term	60 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2028-07-06
Prepayment lockout end	10-05-2023
Yield maintenance end	01-05-2028
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Citi Real Estate Funding Inc.
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$32.7M	02-24-2023	MAI
Most recent reported	$32.7M	2023-02-24	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
CLIFTONLARSO King of Prussia, PA NALLEN LLP ( ) (t0070307)	36,826	10-31-2033
Truist Bank King of Prussia, PA (t0013598) (04216900	14,843	11-30-2031
MARSH & King of Prussia, PA MCLENNAN AGENCY LLC (t0091032)	7,461	11-30-2031

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$3.9M
Operating expenses	$1.8M
Net operating income	$2.1M
Net cash flow	$2.0M
DSCR (net cash flow)	1.14
DSCR (net operating income)	1.18
Occupancy	68%
Servicer advances outstanding	$0

Westin Mount Laurel

Property	Westin Mount Laurel
Address	555 Fellowship Road; Mount Laurel, NJ 08054
Property type	Lodging
Units, beds or keys	175
Net rentable square feet	not yet reported
Year built	1983
Year last renovated	2017
Original balance	$17.5M
Current balance	$17.5M (September 2026)
Share of deal balance	1.9%
Interest rate at origination	7.89%
Current interest rate	7.89%
Origination date	06-26-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-07-06
Prepayment lockout end	03-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Greystone Select Company II LLC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$29.5M	06-01-2023	MAI
Most recent reported	$29.5M	2023-06-01	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$15.1M
Operating expenses	$11.5M
Net operating income	$3.6M
Net cash flow	$3.0M
DSCR (net cash flow)	2.14
DSCR (net operating income)	2.57
Occupancy	74%
Servicer advances outstanding	$0

Southern Mill Shopping Center

Property	Southern Mill Shopping Center
Address	9-121 & 125 East Southern Avenue; Tempe, AZ 85282
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	91,066
Year built	1963
Year last renovated	1994
Original balance	$14.0M
Current balance	$14.0M (September 2026)
Share of deal balance	1.5%
Interest rate at origination	7.04%
Current interest rate	7.04%
Origination date	06-09-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-07-06
Prepayment lockout end	07-05-2024
Yield maintenance end	03-05-2028
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	DBR Investments Co. Limited
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$22.4M	05-11-2023	MAI
Most recent reported	$22.4M	2023-05-11	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
L.A. Fitness International	50,610	02-28-2031
Remy Co - PFHC 2012A, LLC	9,272	08-31-2030
Tempe Eats, LLC	5,717	03-31-2044

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$2.4M
Operating expenses	$471,052
Net operating income	$1.9M
Net cash flow	$1.8M
DSCR (net cash flow)	1.81
DSCR (net operating income)	1.90
Occupancy	100%
Servicer advances outstanding	$0

5542 Grand River

Property	5542 Grand River
Address	5542 West Grand River Avenue; Lansing, MI 48906
Property type	Industrial
Units, beds or keys	not yet reported
Net rentable square feet	275,000
Year built	1990
Year last renovated	2008
Original balance	$13.0M
Current balance	$13.0M (September 2026)
Share of deal balance	1.4%
Interest rate at origination	7.47%
Current interest rate	7.47%
Origination date	06-09-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-07-06
Prepayment lockout end	01-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Citi Real Estate Funding Inc.
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$20.5M	03-29-2023	MAI
Most recent reported	$20.5M	2023-03-29	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
philips feed service	275,000	12-31-2028

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

Rangeview & Trails End

Property	Rangeview & Trails End
Address	905 Muldoon Road and 100 McCarrey Street; Anchorage, AK 99504
Property type	Manufactured housing
Units, beds or keys	328
Net rentable square feet	not yet reported
Year built	1950
Year last renovated	not yet reported
Original balance	$11.1M
Current balance	$11.1M (September 2026)
Share of deal balance	1.2%
Interest rate at origination	6.71%
Current interest rate	6.71%
Origination date	05-31-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-06-06
Prepayment lockout end	07-05-2025
Yield maintenance end	02-05-2028
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	DBR Investments Co. Limited
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$17.1M	01-03-2023	MAI
Most recent reported	$1.82B	2023-01-04	MAI

Change from securitization to the most recent reported valuation: 10572.5%.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$2.4M
Operating expenses	$964,344
Net operating income	$1.4M
Net cash flow	$1.4M
DSCR (net cash flow)	1.82
DSCR (net operating income)	1.84
Occupancy	85%
Servicer advances outstanding	$0

Riverview Tower

Property	Riverview Tower
Address	900 S. Gay Street; Knoxville, TN 37902
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	334,198
Year built	1981
Year last renovated	2013
Original balance	$10.0M
Current balance	$9.8M (September 2026)
Share of deal balance	1.0%
Interest rate at origination	8.00%
Current interest rate	8.00%
Origination date	06-28-2023
Original term	60 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2028-07-06
Prepayment lockout end	05-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Bank of Montreal
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$40.2M	08-01-2023	MAI
Most recent reported	$40.2M	2023-08-01	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
CGI Federal Inc	39,447	12-31-2032
Lewis Thomason PC	32,567	02-28-2037
Truist Bank	28,235	12-31-2028

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

Platinum Tower

Property	Platinum Tower
Address	400 Interstate North Parkway SE; Atlanta, GA 30339
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	313,482
Year built	1987
Year last renovated	not yet reported
Original balance	$9.0M
Current balance	$8.8M (September 2026)
Share of deal balance	0.9%
Interest rate at origination	8.30%
Current interest rate	8.30%
Origination date	05-26-2023
Original term	60 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2028-06-01
Prepayment lockout end	07-31-2025
Yield maintenance end	02-29-2028
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	JPMorgan Chase Bank, National Association
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$48.9M	03-28-2023	MAI
Most recent reported	$48.9M	2023-03-28	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
Aveanna Healthcare, LLC	81,368	12-31-2029
Hartman, Simons & Wood LLP	20,645	02-28-2033
Interra International, LLC	20,295	09-30-2028

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$7.6M
Operating expenses	$3.6M
Net operating income	$4.0M
Net cash flow	$3.4M
DSCR (net cash flow)	1.54
DSCR (net operating income)	1.86
Occupancy	74%
Servicer advances outstanding	$0

70 Grand Ave

Property	70 Grand Ave
Address	70 Grand Avenue; River Edge, NJ 07661
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	70,000
Year built	1987
Year last renovated	2018
Original balance	$7.7M
Current balance	$7.5M (September 2026)
Share of deal balance	0.8%
Interest rate at origination	7.85%
Current interest rate	7.85%
Origination date	06-09-2023
Original term	60 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2028-07-06
Prepayment lockout end	02-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Citi Real Estate Funding Inc.
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$13.1M	12-31-2023	MAI
Most recent reported	$13.1M	2023-12-31	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
Peckar & Abramson -	35,000	05-31-2030
Kajima Constr. -	5,908	06-30-2031
Friedland Associates -	5,422	09-30-2032

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$1.9M
Operating expenses	$1.1M
Net operating income	$828,324
Net cash flow	$730,052
DSCR (net cash flow)	1.10
DSCR (net operating income)	1.24
Occupancy	92%
Servicer advances outstanding	$0

1710-1718, 2010 West 3rd Street (and 1 more properties)

Property	1710-1718, 2010 West 3rd Street (and 1 more properties)
Address	1710-1718, 2010 West 3rd Street 407-409 E 3rd Street; 0 and 21528 Prince Edward Hwy; Farmville, VA (and 1 more) 23901
Property type	Self storage
Units, beds or keys	244
Net rentable square feet	not yet reported
Year built	not yet reported
Year last renovated	["2011", "2019"]
Original balance	$5.8M
Current balance	$5.8M (September 2026)
Share of deal balance	0.6%
Interest rate at origination	5.80%
Current interest rate	5.80%
Origination date	05-17-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-06-06
Prepayment lockout end	03-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Barclays Capital Real Estate Inc.
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$10.5M	04-09-2023	not yet reported
Most recent reported	not yet reported	not yet reported	["MAI", "MAI"]

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

Riviera Terrace MHC

Property	Riviera Terrace MHC
Address	3307 Boniface Parkway; Anchorage, AK 99504
Property type	Multifamily
Units, beds or keys	145
Net rentable square feet	not yet reported
Year built	1960
Year last renovated	not yet reported
Original balance	$5.3M
Current balance	$5.3M (September 2026)
Share of deal balance	0.6%
Interest rate at origination	6.81%
Current interest rate	6.81%
Origination date	05-23-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-06-06
Prepayment lockout end	06-05-2025
Yield maintenance end	02-05-2028
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	DBR Investments Co. Limited
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$8.5M	01-03-2023	MAI
Most recent reported	$8.5M	2023-01-03	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$1.2M
Operating expenses	$436,136
Net operating income	$746,111
Net cash flow	$738,861
DSCR (net cash flow)	2.01
DSCR (net operating income)	2.03
Occupancy	90%
Servicer advances outstanding	$0

60 Warren Retail Condo

Property	60 Warren Retail Condo
Address	60 Warren Street; New York, NY 10003
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	6,449
Year built	1915
Year last renovated	1999
Original balance	$5.0M
Current balance	$5.0M (September 2026)
Share of deal balance	0.5%
Interest rate at origination	7.25%
Current interest rate	7.25%
Origination date	06-06-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-06-06
Prepayment lockout end	03-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Bank of Montreal
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$9.8M	04-04-2023	MAI
Most recent reported	$9.8M	2023-04-04	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
APQ Tribeca NY, LLC	4,449	06-30-2032
R02 LashesTribeca, Inc.	2,000	04-30-2028

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

Cityline Carlisle Storage

Property	Cityline Carlisle Storage
Address	1910 West Trindle Road; Carlisle, PA 17013
Property type	Self storage
Units, beds or keys	401
Net rentable square feet	45,560
Year built	1995
Year last renovated	2003
Original balance	$4.4M
Current balance	$4.4M (September 2026)
Share of deal balance	0.5%
Interest rate at origination	7.00%
Current interest rate	7.00%
Origination date	05-05-2023
Original term	60 months
Amortization term	360 months
Interest-only period	30 months
Scheduled maturity	2028-05-06
Prepayment lockout end	02-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	Citi Real Estate Funding Inc.
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$6.3M	03-07-2023	MAI
Most recent reported	$6.3M	2023-03-07	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$515,273
Operating expenses	$238,738
Net operating income	$276,535
Net cash flow	$269,701
DSCR (net cash flow)	0.83
DSCR (net operating income)	0.86
Occupancy	68%
Servicer advances outstanding	$0