← BBCMS Mortgage Trust 2023-C22 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2023-C22
- Current balance
- $45.5M (September 2026)
- Share of deal
- 6.7%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2033-08-06
Property and terms
| Property | Rhino Retail Portfolio - Tranche 2 (and 6 more properties) |
| Address | 3050-3070 Hotel Drive 2800-2810, 2852-2870, 3200-3220 W Monte Vista Ave; 15900, 15920, 15930 Tualatin-Sherwood Rd 15940, 15962-15976 SW Tualatin-Sherwood Rd; 2001, 2055, 2073 West Cleveland Ave 2091, 2121, 2185, 2237, 2263, 2295 W Cleveland Ave; 9333-9481, 9499-9523 Silverdale Way NW; 4350 SE Mile Hill Drive 1713-1762 Village Lane SE; 360-442 Falls Road 1777-1827 Wisconsin Avenue; 2105 W Williams Avenue; Turlock, CA (and 6 more) 95380 |
| 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 | ["2015", "2023", "2022", "2022"] |
| Original balance | $45.5M |
| Current balance | $45.5M (September 2026) |
| Share of deal balance | 6.7% |
| Interest rate at origination | 6.98% |
| Current interest rate | 6.98% |
| Origination date | 07-28-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-08-06 |
| Prepayment lockout end | 09-05-2025 |
| Yield maintenance end | 02-05-2033 |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc., Bank of America, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $198.6M | not yet reported | MAI |
| Most recent reported | $1.09B | 2022-03-05 | MAI |
Change from securitization to the most recent reported valuation: 448.8%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Dick's Sporting Goods, Inc. | not yet reported | ["01-31-2030", "02-28-2030", "11-30-2038", "11-30-2035", "09-30-2034", "09-30-2032", "09-30-2033"] |
| Boot Barn Inc. | not yet reported | ["11-30-2031", "08-31-2033", "01-31-2035", "07-31-2032", "02-28-2034", "08-31-2031", "12-31-2030"] |
| Ralph "Alex" Vo and Nora C. Vo (Rooms Xpress) | not yet reported | ["05-31-2027", "05-31-2034", "09-30-2032", "05-31-2027", "01-31-2031", "06-30-2029", "05-31-2032"] |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2023 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2023 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2024 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024", "03-31-2024"] | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $45.5M | Matured balloon, non-performing | 6.98% | not yet reported | not yet reported | not yet reported | $273,186 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2025 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2026 | $53.1M | Current | 5.51% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $45.5M | Current | 6.98% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026"] | not yet reported | not yet reported | not yet reported | not yet reported |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: BBCMS Mortgage Trust 2023-C21.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.