Benchmark 2023-V4 Mortgage Trust: loan annex

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

← Benchmark 2023-V4 Mortgage Trust · CMBS market

Detail sections for the 14 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.

Cotton Court Hotel

Property	Cotton Court Hotel
Address	1610 Broadway Street; Lubbock, TX 79401
Property type	Lodging
Units, beds or keys	165
Net rentable square feet	not yet reported
Year built	2020
Year last renovated	not yet reported
Original balance	$21.0M
Current balance	$21.0M (September 2026)
Share of deal balance	3.4%
Interest rate at origination	7.60%
Current interest rate	7.60%
Origination date	08-09-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-09-06
Prepayment lockout end	09-05-2025
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	$38.2M	09-30-2023	MAI
Most recent reported	$38.2M	2023-09-30	MAI

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

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$11.8M
Operating expenses	$8.2M
Net operating income	$3.6M
Net cash flow	$3.2M
DSCR (net cash flow)	1.96
DSCR (net operating income)	2.25
Occupancy	73%
Servicer advances outstanding	$0

Waterstone Center

Property	Waterstone Center
Address	9040 Union Cemetery Road a/k/a/ 9851-9891 Waterstone Blvd; Cincinnati, OH 45249
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	161,781
Year built	1996
Year last renovated	not yet reported
Original balance	$20.9M
Current balance	$20.9M (September 2026)
Share of deal balance	3.3%
Interest rate at origination	7.34%
Current interest rate	7.34%
Origination date	09-22-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-10-06
Prepayment lockout end	04-05-2028
Yield maintenance end	not yet reported
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	$31.9M	08-02-2023	MAI
Most recent reported	$31.9M	2023-08-02	MAI

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

Largest tenants

Tenant	Square feet	Lease expiration
Best Buy Stores L.P.	53,000	07-31-2027
Ross Dress for Less, inc Store 2457	25,302	01-31-2033
Michaels Stores, Inc	23,696	02-28-2031

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	$1.3M
Net operating income	$2.6M
Net cash flow	$2.4M
DSCR (net cash flow)	1.56
DSCR (net operating income)	1.66
Occupancy	98%
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	$20.8M
Current balance	$20.8M (September 2026)
Share of deal balance	3.3%
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	Wells Fargo
Loan servicer	not yet reported
Originator	Barclays Capital Real Estate Inc., JPMorgan Chase Bank, National Association
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

Spinner Place

Property	Spinner Place
Address	23 and 25 Winooski Falls Way; Winooski, VT 05404
Property type	Multifamily
Units, beds or keys	304
Net rentable square feet	not yet reported
Year built	2005
Year last renovated	not yet reported
Original balance	$17.7M
Current balance	$17.7M (September 2026)
Share of deal balance	2.8%
Interest rate at origination	8.16%
Current interest rate	8.16%
Origination date	10-20-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-11-01
Prepayment lockout end	12-31-2025
Yield maintenance end	08-31-2028
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	$27.7M	08-25-2023	MAI
Most recent reported	$27.7M	2023-08-25	MAI

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

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$2.9M
Operating expenses	$2.1M
Net operating income	$874,108
Net cash flow	$843,308
DSCR (net cash flow)	0.58
DSCR (net operating income)	0.60
Occupancy	82%
Servicer advances outstanding	$0

Hampton Inn & Suites Atlanta Airport West

Property	Hampton Inn & Suites Atlanta Airport West
Address	3450 Creek Pointe Dr; East Pointe, GA 30344
Property type	Lodging
Units, beds or keys	119
Net rentable square feet	not yet reported
Year built	2008
Year last renovated	2016
Original balance	$10.6M
Current balance	$10.5M (September 2026)
Share of deal balance	1.7%
Interest rate at origination	8.00%
Current interest rate	8.00%
Origination date	09-14-2023
Original term	60 months
Amortization term	360 months
Interest-only period	24 months
Scheduled maturity	2028-10-06
Prepayment lockout end	04-05-2028
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	$17.3M	06-06-2023	MAI
Most recent reported	$17.3M	2023-06-06	MAI

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

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$3.3M
Operating expenses	$2.0M
Net operating income	$1.3M
Net cash flow	$1.1M
DSCR (net cash flow)	1.25
DSCR (net operating income)	1.39
Occupancy	64%
Servicer advances outstanding	$0

College Center at Abella

Property	College Center at Abella
Address	2300 - 2400 El Portal Drive 2368 and 14330 San Pablo Avenue; San Pablo, CA 94806
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	98,292
Year built	1961
Year last renovated	2000
Original balance	$10.2M
Current balance	$10.2M (September 2026)
Share of deal balance	1.6%
Interest rate at origination	7.89%
Current interest rate	7.89%
Origination date	09-08-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-10-06
Prepayment lockout end	07-05-2028
Yield maintenance end	not yet reported
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	$23.2M	06-26-2023	MAI
Most recent reported	$23.2M	2023-06-26	MAI

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

Largest tenants

Tenant	Square feet	Lease expiration
SAN PABLO SUPERMARKE	31,750	11-30-2038
CITY OF SAN PABLO PO	8,909	12-31-2030
SUKIES COUNTRY KITCH	4,134	10-31-2028

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

12800 Culver

Property	12800 Culver
Address	12800 Culver Blvd; Los Angeles, CA 90066
Property type	Other (code 98)
Units, beds or keys	not yet reported
Net rentable square feet	211,000
Year built	1968
Year last renovated	1999
Original balance	$9.8M
Current balance	$9.8M (September 2026)
Share of deal balance	1.6%
Interest rate at origination	6.53%
Current interest rate	6.53%
Origination date	06-20-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-07-06
Prepayment lockout end	08-05-2025
Yield maintenance end	01-05-2028
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	$215.0M	05-12-2023	MAI
Most recent reported	$215.0M	2023-05-12	MAI

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

Largest tenants

Tenant	Square feet	Lease expiration
DirecTV, LLC (directvl)	211,000	03-31-2038

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

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$18.0M
Operating expenses	$3.4M
Net operating income	$14.6M
Net cash flow	$14.6M
DSCR (net cash flow)	2.60
DSCR (net operating income)	2.60
Occupancy	100%
Servicer advances outstanding	$0

Irvine Executive Center

Property	Irvine Executive Center
Address	17780 Fitch Ave; Irvine, CA 92614
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	50,023
Year built	1983
Year last renovated	not yet reported
Original balance	$8.6M
Current balance	$8.6M (September 2026)
Share of deal balance	1.4%
Interest rate at origination	9.09%
Current interest rate	9.09%
Origination date	09-07-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-10-01
Prepayment lockout end	04-30-2028
Yield maintenance end	not yet reported
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	$12.0M	05-22-2023	MAI
Most recent reported	$12.0M	2023-05-22	MAI

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

Largest tenants

Tenant	Square feet	Lease expiration
EKN Engineering (formerly N Consulting Engineering)	21,409	08-31-2052
Trading Edu LLC	12,500	08-31-2026
Acacia HH&P of Southern California	5,000	08-18-2029

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

362 Stockton Street (and 1 more properties)

Property	362 Stockton Street (and 1 more properties)
Address	362 Stockton Street; 2131 Nostrand Avenue; Brooklyn, NY (and 1 more) 11206
Property type	Multiple property types
Units, beds or keys	["23", "2"]
Net rentable square feet	5,100
Year built	not yet reported
Year last renovated	["2023", "2023"]
Original balance	$6.3M
Current balance	$6.3M (September 2026)
Share of deal balance	1.0%
Interest rate at origination	7.38%
Current interest rate	7.38%
Origination date	10-27-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-11-06
Prepayment lockout end	05-05-2028
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	$9.7M	09-20-2023	not yet reported
Most recent reported	not yet reported	not yet reported	["MAI", "MAI"]

Largest tenants

Tenant	Square feet	Lease expiration
Optimum, Altice	2,900	03-30-2031
Andy, Solorzano Cusme	550	not yet reported
Ortiz, Michael \| Cruz, Erica	550	not yet reported

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

688-690 9th Ave

Property	688-690 9th Ave
Address	688-690 9th Avenue; New York, NY 10036
Property type	Mixed use
Units, beds or keys	17
Net rentable square feet	not yet reported
Year built	1886
Year last renovated	1987
Original balance	$5.0M
Current balance	$5.0M (September 2026)
Share of deal balance	0.8%
Interest rate at origination	7.62%
Current interest rate	7.62%
Origination date	09-08-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-10-06
Prepayment lockout end	04-05-2028
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	$8.5M	05-24-2023	MAI
Most recent reported	$8.5M	2023-05-24	MAI

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

Largest tenants

Tenant	Square feet	Lease expiration
DD Hibachi Inc.,	not yet reported	09-30-2032
MANHATTAN HARDWARE	not yet reported	06-30-2034

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

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$1.1M
Operating expenses	$553,580
Net operating income	$534,204
Net cash flow	$525,872
DSCR (net cash flow)	1.36
DSCR (net operating income)	1.38
Occupancy	not yet reported
Servicer advances outstanding	$0

19881 Cajon Blvd

Property	19881 Cajon Blvd
Address	19881 Cajon Blvd; San Bernardino, CA 92407
Property type	Other (code 98)
Units, beds or keys	not yet reported
Net rentable square feet	260,567
Year built	2022
Year last renovated	not yet reported
Original balance	$4.3M
Current balance	$4.3M (September 2026)
Share of deal balance	0.7%
Interest rate at origination	8.27%
Current interest rate	8.27%
Origination date	08-15-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-09-06
Prepayment lockout end	03-05-2028
Yield maintenance end	not yet reported
Servicer	Midland Loan Services
Loan servicer	not yet reported
Originator	German American Capital Corporation
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$12.5M	01-19-2023	MAI
Most recent reported	$12.5M	2023-01-19	MAI

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

Largest tenants

Tenant	Square feet	Lease expiration
Bob's Discount Furniture	261,360	10-31-2032

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

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$700,660
Operating expenses	$136,060
Net operating income	$564,600
Net cash flow	$559,200
DSCR (net cash flow)	1.55
DSCR (net operating income)	1.57
Occupancy	100%
Servicer advances outstanding	$0

CityLine Added Space Self Storage Memorial Parkway

Property	CityLine Added Space Self Storage Memorial Parkway
Address	7620 Memorial Pkwy SW, a/k/a 7620 SW Memorial Pkwy; Huntsville, AL 35802
Property type	Self storage
Units, beds or keys	not yet reported
Net rentable square feet	75,450
Year built	1984
Year last renovated	2021
Original balance	$3.7M
Current balance	$3.7M (September 2026)
Share of deal balance	0.6%
Interest rate at origination	7.50%
Current interest rate	7.50%
Origination date	09-28-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-10-06
Prepayment lockout end	07-05-2028
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	$7.4M	08-15-2023	MAI
Most recent reported	$7.4M	2023-08-15	MAI

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

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 Safe Storage

Property	Cityline Safe Storage
Address	452 Buffalo Road 633-637 E Main Street; Hohenwald, TN 38462
Property type	Self storage
Units, beds or keys	not yet reported
Net rentable square feet	47,280
Year built	2009
Year last renovated	2023
Original balance	$3.0M
Current balance	$3.0M (September 2026)
Share of deal balance	0.5%
Interest rate at origination	7.60%
Current interest rate	7.60%
Origination date	08-16-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-09-06
Prepayment lockout end	06-05-2028
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	$5.3M	06-25-2023	MAI
Most recent reported	$5.3M	2023-06-25	MAI

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

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$516,440
Operating expenses	$209,854
Net operating income	$306,586
Net cash flow	$301,858
DSCR (net cash flow)	1.31
DSCR (net operating income)	1.33
Occupancy	77%
Servicer advances outstanding	$0

CityLine Added Space Self Storage Sparkman

Property	CityLine Added Space Self Storage Sparkman
Address	2005 Sparkman Drive NW; Huntsville, AL 35810
Property type	Self storage
Units, beds or keys	510
Net rentable square feet	60,825
Year built	1989
Year last renovated	2015
Original balance	$2.9M
Current balance	$2.9M (September 2026)
Share of deal balance	0.5%
Interest rate at origination	7.50%
Current interest rate	7.50%
Origination date	09-28-2023
Original term	60 months
Amortization term	not yet reported
Interest-only period	60 months
Scheduled maturity	2028-10-06
Prepayment lockout end	07-05-2028
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	08-15-2023	MAI
Most recent reported	$6.3M	2023-08-15	MAI

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

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$447,862
Operating expenses	$275,134
Net operating income	$172,728
Net cash flow	$166,645
DSCR (net cash flow)	0.75
DSCR (net operating income)	0.77
Occupancy	80%
Servicer advances outstanding	$0