Benchmark 2025-V13 Mortgage Trust: loan annex
Page built October 19, 2026
Loan detail for Benchmark 2025-V13 Mortgage Trust.
Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-01
← Benchmark 2025-V13 Mortgage Trust · CMBS market
Detail sections for the 24 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.
39-09 Main Street
| Property | 39-09 Main Street |
| Address | 39-09 and 39-11 Main Street; Flushing, NY 11354 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 17,042 |
| Year built | 1930 |
| Year last renovated | 2012 |
| Original balance | $24.5M |
| Current balance | $24.5M (September 2026) |
| Share of deal balance | 3.2% |
| Interest rate at origination | 6.29% |
| Current interest rate | 6.29% |
| Origination date | 01-24-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-02-06 |
| Prepayment lockout end | 08-05-2029 |
| 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
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 | $2.4M |
| Operating expenses | $557,906 |
| Net operating income | $1.9M |
| Net cash flow | $1.9M |
| DSCR (net cash flow) | 1.20 |
| DSCR (net operating income) | 1.21 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Churchill Hall at Imperial Center
| Property | Churchill Hall at Imperial Center |
| Address | 5425 Page Rd; Durham, NC 27703 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 150,883 |
| Year built | 2017 |
| Year last renovated | not yet reported |
| Original balance | $23.5M |
| Current balance | $23.5M (September 2026) |
| Share of deal balance | 3.1% |
| Interest rate at origination | 7.29% |
| Current interest rate | 7.29% |
| Origination date | 01-27-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-02-06 |
| Prepayment lockout end | 08-05-2029 |
| 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
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 | 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 |
Larkspur Landing Marin County (and 51 more properties)
| Property | Larkspur Landing Marin County (and 51 more properties) |
| Address | 2500 Larkspur Landing Circle; 550 Shell Boulevard; 245 Half Mile Road; 631 Midland Avenue; 2633 Sepulveda Boulevard; 10605 North Wolfe Road; 4710 Pearl East Circle; 1300 East Tahquitz Canyon Way; 1905 South Azusa Avenue; 400 Andover Park West; 600 Northpoint Parkway; 474 Main Avenue; 3805 West Cypress Street; 10 Campanelli Drive; 2508 Elm Hill Pike; 3131 Executive Drive; 102 Edinburgh Drive South; 600 Northrop Road; 17200 North Laurel Park Drive; 1221 South Westwood Avenue; 9631 North Black Canyon Highway; 2559 Riva Road; 7780 Southwest 6th Street; 30653 Flynn Drive; 828 North New Ballas Road; 6 Trans Am Plaza Drive; 505 Milwaukee Avenue; 3800 Northpoint Boulevard; 500 Shades Creek Parkway; 8500 Southwest Nimbus Drive; 70 Orchard Park Drive; 6565 South Boston Street; 3601 Marriott Drive; 638 Hillsdale Drive; 2050 Sullivan Road; 11888 Westline Industrial Drive; 6250 Peachtree-Dunwoody Road; 11301 Metcalf Avenue; 600 Santa Rosa South; 12521 Prosperity Drive; 8670 Allisonville Road; 1780 Nonconnah Boulevard; 1505 Lake Cook Road; 1352 Northland Drive; 4901 West Plano Parkway; 3550 Venture Parkway; 2641 South Road/Route 9; 7415 East 41st Avenue; 1000 South Sherman Street; 6023 Park South Drive; 140 East Shaw Avenue; 762 West Lancaster Avenue; Larkspur, CA (and 51 more) 94939 |
| Property type | Lodging |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2020", "2023", "2020", "2023", "2020", "2019", "2020", "2021", "2020", "2020", "2020", "2021", "2020", "2023", "2019", "2020", "2019", "2023", "2023", "2019", "2023", "2021", "2023", "2023", "2024", "2020", "2020", "2023", "2020", "2023", "2020", "2023", "2020", "2024", "2020", "2024", "2019", "2024", "2022", "2021", "2020", "2022", "2020", "2023", "2022", "2024", "2020", "2023", "2023", "2019", "2021", "2019"] |
| Original balance | $20.0M |
| Current balance | $20.0M (September 2026) |
| Share of deal balance | 2.6% |
| Interest rate at origination | 6.28% |
| Current interest rate | 6.28% |
| Origination date | 12-04-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-12-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 06-05-2029 |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| 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 |
Tremont Place Lofts
| Property | Tremont Place Lofts |
| Address | 710 Jefferson Avenue; Cleveland, OH 44113 |
| Property type | Multifamily |
| Units, beds or keys | 102 |
| Net rentable square feet | not yet reported |
| Year built | 1900 |
| Year last renovated | 2020 |
| Original balance | $18.1M |
| Current balance | $18.1M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 6.70% |
| Current interest rate | 6.70% |
| Origination date | 12-19-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Berkadia |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| 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 | 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 & Suites Atlanta Downtown
| Property | Holiday Inn Express & Suites Atlanta Downtown |
| Address | 111 Cone Street NW; Atlanta, GA 30303 |
| Property type | Lodging |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 1918 |
| Year last renovated | 2024 |
| Original balance | $17.3M |
| Current balance | $17.3M (September 2026) |
| Share of deal balance | 2.3% |
| Interest rate at origination | 7.88% |
| Current interest rate | 7.88% |
| Origination date | 01-08-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-02-06 |
| Prepayment lockout end | 08-05-2029 |
| 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
Change from securitization to the most recent reported valuation: -17.7%.
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 |
43-31 45th Street
| Property | 43-31 45th Street |
| Address | 43-31 45th Street; Sunnyside, NY 11104 |
| Property type | Multifamily |
| Units, beds or keys | 94 |
| Net rentable square feet | not yet reported |
| Year built | 1931 |
| Year last renovated | 2014 |
| Original balance | $16.2M |
| Current balance | $16.2M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 6.87% |
| Current interest rate | 6.87% |
| Origination date | 12-13-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.6M |
| Operating expenses | $1.1M |
| Net operating income | $1.5M |
| Net cash flow | $1.4M |
| DSCR (net cash flow) | 1.28 |
| DSCR (net operating income) | 1.30 |
| Occupancy | 97% |
| Servicer advances outstanding | $0 |
Boca Corporate Center
| Property | Boca Corporate Center |
| Address | 2101 NW Corporate Boulevard; Boca Raton, FL 33431 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 93,219 |
| Year built | 1982 |
| Year last renovated | 2023 |
| Original balance | $14.0M |
| Current balance | $14.0M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 7.58% |
| Current interest rate | 7.58% |
| Origination date | 12-11-2024 |
| Original term | 60 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | DBR Investments Co. Limited |
| Current status | Current |
| 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 | 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 |
Crossroads Centre (and 9 more properties)
| Property | Crossroads Centre (and 9 more properties) |
| Address | 3201-3231, 3233 Southwestern Boulevard 3236, 3245, 3275 Southwestern Boulevard; 1601,1621,1635,1645 Penfield Road 715, 745 and 749 Panorama Trail South; 3825 - 3875 Union Road; 3015, 3035, 3055 Niagara Falls Boulevard 3065, 3190 Niagara Falls Boulevard; 869 - 887 North Bridge Street; 910 Athens Highway; 6254 - 6272 Furnace Road; 1800, 1900 and 2000 Washington Street; 128 West Main Street; 2382 - 2410 Route 19 North; Orchard Park, NY (and 9 more) 14127 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["1991", "2002", "2003"] |
| Original balance | $13.5M |
| Current balance | $13.5M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 6.40% |
| Current interest rate | 6.40% |
| Origination date | 11-20-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-12-01 |
| Prepayment lockout end | 02-28-2027 |
| Yield maintenance end | 05-31-2029 |
| 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
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $4.5M |
| Operating expenses | $1.7M |
| Net operating income | $2.8M |
| Net cash flow | $2.8M |
| DSCR (net cash flow) | 1.70 |
| DSCR (net operating income) | 1.72 |
| Occupancy | 95% |
| Servicer advances outstanding | $0 |
Red River MHC Portfolio
| Property | Red River MHC Portfolio |
| Address | 511 Smith Avenue; Pasadena, TX 77504 |
| Property type | Manufactured housing |
| Units, beds or keys | 232 |
| Net rentable square feet | not yet reported |
| Year built | 1962 |
| Year last renovated | not yet reported |
| Original balance | $12.5M |
| Current balance | $12.5M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 6.66% |
| Current interest rate | 6.66% |
| Origination date | 12-27-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
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 |
3537 Bainbridge Ave
| Property | 3537 Bainbridge Ave |
| Address | 3537 Bainbridge Avenue; Bronx, NY 10467 |
| Property type | Multifamily |
| Units, beds or keys | 44 |
| Net rentable square feet | not yet reported |
| Year built | 2024 |
| Year last renovated | not yet reported |
| Original balance | $11.5M |
| Current balance | $11.5M (September 2026) |
| Share of deal balance | 1.5% |
| Interest rate at origination | 7.16% |
| Current interest rate | 7.16% |
| Origination date | 01-24-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-02-06 |
| Prepayment lockout end | 12-05-2029 |
| 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
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 |
The Spiral
| Property | The Spiral |
| Address | 66 Hudson Boulevard A/k/a 509/527 W 34th Street; New York, NY 10001 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 2,844,343 |
| Year built | 2022 |
| Year last renovated | not yet reported |
| Original balance | $10.0M |
| Current balance | $10.0M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 5.50% |
| Current interest rate | 5.50% |
| Origination date | 01-09-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-09 |
| Prepayment lockout end | 07-08-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | Current |
| 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 | 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 |
Extra Space Storage Lake in the Hills
| Property | Extra Space Storage Lake in the Hills |
| Address | 130 N. Lakewood Road; Lake in the Hills, IL 60156 |
| Property type | Self storage |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 2018 |
| Year last renovated | not yet reported |
| Original balance | $9.5M |
| Current balance | $9.5M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.22% |
| Current interest rate | 6.22% |
| Origination date | 12-18-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
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 |
Pepper Street SS
| Property | Pepper Street SS |
| Address | 551 Pepper Street; Monroe, CT 06468 |
| Property type | Self storage |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 2004 |
| Year last renovated | not yet reported |
| Original balance | $7.9M |
| Current balance | $7.9M (September 2026) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 6.94% |
| Current interest rate | 6.94% |
| Origination date | 01-03-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
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 |
429 Beale Street
| Property | 429 Beale Street |
| Address | 429 Beale Street; San Francisco, CA 94105 |
| Property type | Self storage |
| Units, beds or keys | 336 |
| Net rentable square feet | not yet reported |
| Year built | 1929 |
| Year last renovated | 2014 |
| Original balance | $6.7M |
| Current balance | $6.7M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.62% |
| Current interest rate | 6.62% |
| Origination date | 01-17-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-02-06 |
| Prepayment lockout end | 11-05-2029 |
| 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
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 |
Neighborhood Mini Storage Sulphur
| Property | Neighborhood Mini Storage Sulphur |
| Address | 460 South Post Oak Road; Sulphur, LA 70663 |
| Property type | Self storage |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 1995 |
| Year last renovated | 2006 |
| Original balance | $6.7M |
| Current balance | $6.7M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.59% |
| Current interest rate | 6.59% |
| Origination date | 12-17-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
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 |
Oak Ridge Self Storage
| Property | Oak Ridge Self Storage |
| Address | 500 Scarboro Lane; Oak Ridge, TN 37830 |
| Property type | Self storage |
| Units, beds or keys | 491 |
| Net rentable square feet | 57,966 |
| Year built | 1983 |
| Year last renovated | 1996 |
| Original balance | $5.7M |
| Current balance | $5.7M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 6.88% |
| Current interest rate | 6.88% |
| Origination date | 12-13-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 02-05-2027 |
| Yield maintenance end | 10-05-2029 |
| 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
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $862,809 |
| Operating expenses | $380,159 |
| Net operating income | $482,650 |
| Net cash flow | $477,194 |
| DSCR (net cash flow) | 1.21 |
| DSCR (net operating income) | 1.22 |
| Occupancy | 89% |
| Servicer advances outstanding | $0 |
Poulsbo MHC
| Property | Poulsbo MHC |
| Address | 1800 Northeast Lincoln Road; Poulsbo, WA 98370 |
| Property type | Manufactured housing |
| Units, beds or keys | 77 |
| Net rentable square feet | not yet reported |
| Year built | 1970 |
| Year last renovated | 2022 |
| Original balance | $4.9M |
| Current balance | $4.9M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 6.92% |
| Current interest rate | 6.92% |
| Origination date | 12-18-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Berkadia |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc. |
| Current status | Current |
| 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 | $913,253 |
| Operating expenses | $361,104 |
| Net operating income | $552,149 |
| Net cash flow | $548,299 |
| DSCR (net cash flow) | 1.60 |
| DSCR (net operating income) | 1.61 |
| Occupancy | 97% |
| Servicer advances outstanding | $0 |
Petaluma Garage Retail
| Property | Petaluma Garage Retail |
| Address | 125-165 1st Street 109-169 C Street and 111-161 2nd Street; Petaluma, CA 94952 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 28,753 |
| Year built | 2006 |
| Year last renovated | not yet reported |
| Original balance | $4.2M |
| Current balance | $4.2M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 7.26% |
| Current interest rate | 7.26% |
| Origination date | 01-16-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-02-06 |
| Prepayment lockout end | 08-05-2029 |
| 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
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 | $735,296 |
| Operating expenses | $223,027 |
| Net operating income | $512,268 |
| Net cash flow | $477,764 |
| DSCR (net cash flow) | 1.54 |
| DSCR (net operating income) | 1.65 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Lake Charles & Huntsville Portfolio (and 1 more properties)
| Property | Lake Charles & Huntsville Portfolio (and 1 more properties) |
| Address | 700 I-45 South; 210 W. Sale Road; Huntsville, TX (and 1 more) 77340 |
| Property type | Self storage |
| Units, beds or keys | 451 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | 2004 |
| Original balance | $4.2M |
| Current balance | $4.2M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 6.57% |
| Current interest rate | 6.57% |
| Origination date | 12-17-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
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 |
Meadowlark MHC
| Property | Meadowlark MHC |
| Address | 2220 Prospect Circle; Junction City, KS 66441 |
| Property type | Manufactured housing |
| Units, beds or keys | 117 |
| Net rentable square feet | not yet reported |
| Year built | 1988 |
| Year last renovated | 2023 |
| Original balance | $3.8M |
| Current balance | $3.8M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 6.74% |
| Current interest rate | 6.74% |
| Origination date | 12-13-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 02-05-2027 |
| Yield maintenance end | 10-05-2029 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | DBR Investments Co. Limited |
| Current status | Current |
| 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 | $865,686 |
| Operating expenses | $354,115 |
| Net operating income | $511,572 |
| Net cash flow | $505,722 |
| DSCR (net cash flow) | 1.95 |
| DSCR (net operating income) | 1.97 |
| Occupancy | 99% |
| Servicer advances outstanding | $0 |
Southington SS
| Property | Southington SS |
| Address | 493 Old Turnpike Road; Southington, CT 06479 |
| Property type | Self storage |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 1980 |
| Year last renovated | 2002 |
| Original balance | $3.4M |
| Current balance | $3.4M (September 2026) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 7.08% |
| Current interest rate | 7.08% |
| Origination date | 01-03-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
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 |
Neighborhood Storage Moss Bluff
| Property | Neighborhood Storage Moss Bluff |
| Address | 716 Sam Houston Jones Parkway; Moss Bluff, LA 70611 |
| Property type | Self storage |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 1998 |
| Year last renovated | 2004 |
| Original balance | $3.2M |
| Current balance | $3.2M (September 2026) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 6.44% |
| Current interest rate | 6.44% |
| Origination date | 12-17-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-01-06 |
| Prepayment lockout end | 07-05-2029 |
| 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
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 |
1054 Grant Avenue
| Property | 1054 Grant Avenue |
| Address | 1054 Grant Avenue; New York, NY 10456 |
| Property type | Multifamily |
| Units, beds or keys | 10 |
| Net rentable square feet | not yet reported |
| Year built | 1899 |
| Year last renovated | 2024 |
| Original balance | $2.4M |
| Current balance | $2.4M (September 2026) |
| Share of deal balance | 0.3% |
| Interest rate at origination | 7.65% |
| Current interest rate | 7.65% |
| Origination date | 06-25-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-07-06 |
| Prepayment lockout end | 07-05-2026 |
| Yield maintenance end | 04-05-2029 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Ice Lender Holdings LLC |
| Current status | Current |
| 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 | $317,902 |
| Operating expenses | $67,160 |
| Net operating income | $250,741 |
| Net cash flow | $248,241 |
| DSCR (net cash flow) | 1.31 |
| DSCR (net operating income) | 1.32 |
| Occupancy | 90% |
| Servicer advances outstanding | $0 |
1056 Grant Avenue
| Property | 1056 Grant Avenue |
| Address | 1056 Grant Ave; New York, NY 10456 |
| Property type | Multifamily |
| Units, beds or keys | 10 |
| Net rentable square feet | not yet reported |
| Year built | 1905 |
| Year last renovated | 2024 |
| Original balance | $2.4M |
| Current balance | $2.4M (September 2026) |
| Share of deal balance | 0.3% |
| Interest rate at origination | 7.65% |
| Current interest rate | 7.65% |
| Origination date | 06-25-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-07-06 |
| Prepayment lockout end | 07-05-2026 |
| Yield maintenance end | 04-05-2029 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Ice Lender Holdings LLC |
| Current status | Current |
| 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 | $304,178 |
| Operating expenses | $58,367 |
| Net operating income | $245,811 |
| Net cash flow | $243,311 |
| DSCR (net cash flow) | 1.29 |
| DSCR (net operating income) | 1.30 |
| Occupancy | 90% |
| Servicer advances outstanding | $0 |