← BBCMS Mortgage Trust 2025-5C34 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2025-5C34
- Current balance
- $46.0M (September 2026)
- Share of deal
- 5.9%
- Status
- 90+ days delinquent
- DSCR (latest)
- 1.31
- Occupancy (latest)
- 91%
- Scheduled maturity
- 2030-04-06
Property and terms
| Property | GM Holdings Portfolio |
| Address | Philadelphia, PA |
| Property type | Multifamily |
| Units, beds or keys | 187 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $46.0M |
| Current balance | $46.0M (September 2026) |
| Share of deal balance | 5.9% |
| Interest rate at origination | 7.05% |
| Current interest rate | 7.05% |
| Origination date | 03-31-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-04-06 |
| Prepayment lockout end | 10-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc. |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $72.6M | 11-22-2024 | MAI |
| Most recent reported | $60.4M | 2026-05-13 | MAI |
Change from securitization to the most recent reported valuation: -16.8%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2025 | $46.0M | Current | 7.05% | 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 | $46.0M | Current | 7.05% | 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 2025 | $46.0M | Matured balloon, non-performing | 7.05% | not yet reported | not yet reported | not yet reported | $270,346 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $46.0M | Matured balloon, non-performing | 7.05% | not yet reported | not yet reported | not yet reported | $279,357 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $46.0M | 30-59 days delinquent | 7.05% | not yet reported | not yet reported | not yet reported | $279,357 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $46.0M | Matured balloon, non-performing | 7.05% | not yet reported | not yet reported | not yet reported | $270,346 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $46.0M | Matured balloon, non-performing | 7.05% | not yet reported | not yet reported | not yet reported | $279,357 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2025 | $46.0M | 30-59 days delinquent | 7.05% | not yet reported | not yet reported | not yet reported | $549,703 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2026 | $46.0M | Current | 7.05% | 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 | $46.0M | 30-59 days delinquent | 7.05% | not yet reported | not yet reported | not yet reported | $279,357 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $46.0M | 60-89 days delinquent | 7.05% | not yet reported | not yet reported | not yet reported | $531,680 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $46.0M | 30-59 days delinquent | 7.05% | 1.31 | 1.33 | 91% | $531,680 | 12-31-2025 | $5.2M | $872,201 | $4.4M | $4.3M |
| May 2026 | $46.0M | 60-89 days delinquent | 7.05% | 1.31 | 1.33 | 91% | $802,026 | 12-31-2025 | $5.2M | $872,201 | $4.4M | $4.3M |
| June 2026 | $46.0M | 30-59 days delinquent | 7.05% | 1.31 | 1.33 | 91% | $549,703 | 12-31-2025 | $5.2M | $872,201 | $4.4M | $4.3M |
| July 2026 | $46.0M | 60-89 days delinquent | 7.05% | 1.31 | 1.33 | 91% | $820,049 | 12-31-2025 | $5.2M | $872,201 | $4.4M | $4.3M |
| August 2026 | $46.0M | 90+ days delinquent | 7.05% | 1.31 | 1.33 | 91% | $1.1M | 12-31-2025 | $5.2M | $872,201 | $4.4M | $4.3M |
| September 2026 | $46.0M | 90+ days delinquent | 7.05% | 1.31 | 1.33 | 91% | $1.4M | 12-31-2025 | $5.2M | $872,201 | $4.4M | $4.3M |
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.
Status timeline
| Date | Event |
|---|---|
| September 2025 | First reported 30 or more days delinquent |
| 2026-04-10 | Transferred to the special servicer |
| 2026-06-22 | Loan modified (maturity after modification 2030-04-06) |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.