← BBCMS Mortgage Trust 2023-C22 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2023-C22
- Current balance
- $31.3M (September 2026)
- Share of deal
- 4.6%
- Status
- Current
- DSCR (latest)
- 1.63
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2033-09-01
Property and terms
| Property | Holiday Inn Express - State College (and 3 more properties) |
| Address | 1925 Waddle Road; 2215 North Atherton Street; 1616 North First Street; 1935 Waddle Road; State College, PA (and 3 more) 16803 |
| Property type | Lodging |
| Units, beds or keys | ["106", "83", "76", "72"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2021", "2015", "2013"] |
| Original balance | $31.9M |
| Current balance | $31.3M (September 2026) |
| Share of deal balance | 4.6% |
| Interest rate at origination | 8.77% |
| Current interest rate | 8.77% |
| Origination date | 08-03-2023 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2033-09-01 |
| Prepayment lockout end | 04-30-2033 |
| Yield maintenance end | not yet reported |
| 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
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $51.9M | 04-01-2023 | MAI |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI"] |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2023 | $31.9M | Current | 8.77% | 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 | $31.9M | Current | 8.77% | 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 | $31.8M | Current | 8.77% | 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 | $31.8M | Current | 8.77% | 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 | $31.8M | Current | 8.77% | 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 | $31.8M | Matured balloon, non-performing | 8.77% | 1.53 | 1.78 | not yet reported | $250,763 | 12-31-2023 | $15.9M | $10.6M | $5.4M | $4.6M |
| May 2024 | $31.8M | Current | 8.77% | 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 | $31.8M | Current | 8.77% | 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 | $31.7M | Current | 8.77% | 1.51 | 1.76 | 74% | $0 | 03-31-2024 | $16.0M | $10.7M | $5.3M | $4.6M |
| August 2024 | $31.7M | Current | 8.77% | 1.51 | 1.76 | 74% | $0 | 03-31-2024 | $16.0M | $10.7M | $5.3M | $4.6M |
| September 2024 | $31.7M | Current | 8.77% | 1.51 | 1.76 | 74% | $0 | 03-31-2024 | $16.0M | $10.7M | $5.3M | $4.6M |
| October 2024 | $31.7M | Current | 8.77% | 1.51 | 1.76 | 74% | $0 | 03-31-2024 | $16.0M | $10.7M | $5.3M | $4.6M |
| November 2024 | $31.7M | Current | 8.77% | 1.51 | 1.76 | 74% | $0 | 03-31-2024 | $16.0M | $10.7M | $5.3M | $4.6M |
| December 2024 | $31.7M | Current | 8.77% | 1.51 | 1.76 | 74% | $0 | 03-31-2024 | $16.0M | $10.7M | $5.3M | $4.6M |
| January 2025 | $31.7M | Current | 8.77% | 1.29 | 1.55 | 72% | $0 | 09-30-2024 | $15.3M | $10.7M | $4.7M | $3.9M |
| February 2025 | $31.6M | Current | 8.77% | 1.29 | 1.55 | 72% | $0 | 09-30-2024 | $15.3M | $10.7M | $4.7M | $3.9M |
| March 2025 | $31.6M | Current | 8.77% | 1.29 | 1.55 | 72% | $0 | 09-30-2024 | $15.3M | $10.7M | $4.7M | $3.9M |
| April 2025 | $31.6M | Current | 8.77% | 1.44 | 1.70 | 74% | $0 | 12-31-2024 | $15.6M | $10.5M | $5.1M | $4.4M |
| May 2025 | $31.6M | Current | 8.77% | 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 | $31.6M | Current | 8.77% | 1.27 | 1.53 | not yet reported | $0 | 03-31-2025 | $15.2M | $10.6M | $4.6M | $3.8M |
| July 2025 | $31.5M | Current | 8.77% | 1.27 | 1.53 | not yet reported | $0 | 03-31-2025 | $15.2M | $10.6M | $4.6M | $3.8M |
| August 2025 | $31.5M | Current | 8.77% | 1.27 | 1.53 | not yet reported | $0 | 03-31-2025 | $15.2M | $10.6M | $4.6M | $3.8M |
| September 2025 | $31.5M | Current | 8.77% | 1.18 | 1.44 | not yet reported | $0 | 06-30-2025 | $14.7M | $10.3M | $4.3M | $3.6M |
| October 2025 | $31.5M | Current | 8.77% | 1.18 | 1.44 | 67% | $0 | 06-30-2025 | $14.7M | $10.3M | $4.3M | $3.6M |
| November 2025 | $31.5M | Current | 8.77% | 1.18 | 1.44 | 67% | $0 | 06-30-2025 | $14.7M | $10.3M | $4.3M | $3.6M |
| December 2025 | $31.5M | Current | 8.77% | 1.24 | 1.58 | 67% | $0 | 09-30-2025 | $15.5M | $10.7M | $4.8M | $3.7M |
| January 2026 | $31.4M | Current | 8.77% | 1.24 | 1.58 | 67% | $0 | 09-30-2025 | $15.5M | $10.7M | $4.8M | $3.7M |
| February 2026 | $31.4M | Current | 8.77% | 1.24 | 1.58 | 67% | $0 | 09-30-2025 | $15.5M | $10.7M | $4.8M | $3.7M |
| March 2026 | $31.4M | Current | 8.77% | 1.25 | 1.50 | not yet reported | $0 | 12-31-2025 | $15.1M | $10.6M | $4.5M | $3.8M |
| April 2026 | $31.4M | Current | 8.77% | 1.25 | 1.50 | not yet reported | $0 | 12-31-2025 | $15.1M | $10.6M | $4.5M | $3.8M |
| May 2026 | $31.4M | Current | 8.77% | 1.48 | 1.70 | not yet reported | $0 | 03-31-2026 | $15.8M | $10.7M | $5.1M | $4.5M |
| June 2026 | $31.3M | Current | 8.77% | 1.48 | 1.70 | not yet reported | $0 | 03-31-2026 | $15.8M | $10.7M | $5.1M | $4.5M |
| July 2026 | $25.0M | Current | 6.23% | 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 | $31.3M | Current | 8.77% | 1.48 | 1.70 | not yet reported | $0 | 03-31-2026 | $15.8M | $10.7M | $5.1M | $4.5M |
| September 2026 | $31.3M | Current | 8.77% | 1.63 | 1.81 | not yet reported | $0 | 06-30-2026 | $16.4M | $10.9M | $5.5M | $4.9M |
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.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.