← BBCMS Mortgage Trust 2025-C35 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2025-C35
- Current balance
- $45.0M (September 2026)
- Share of deal
- 5.7%
- Status
- Current
- DSCR (latest)
- 1.43
- Occupancy (latest)
- 99%
- Scheduled maturity
- 2035-05-01
Property and terms
| Property | Meyers (and 24 more properties) |
| Address | 18700 Meyers Road; 10604, 10612-10616 Lorain Avenue 10620,10622,10626,10630,10634,10642 Lorain Ave; 1606, 1616-1618,1622 South Governors Avenue 1626-1634,1646,1660,1672,1678-1680 S Governors Ave; 650 & 670 Wolcott Street; 547, 601-613 US Hwy 72 West 617-629, 635-645, 649-651, 655, 659-661 US Hwy 72W; 1000-1046 Summit Avenue 901 E Bessemer Avenue; 1200-1300 Concord Avenue; 1452, 1800 and 1950 Fort Harrison Road; 887-899 Beckford Drive 911, 915, 923, 935, 939, 951, 967, 981 Beckford Dr; 1400-1532 East Memorial Drive; 2208-2294 North Church Street; 127 Genesee Street 1050 Glenwood Ave, 2002-2194 Glenwood Shopping Plz; 1105, 1301 and 1313 Ward Boulevard 1405 Tarboro Street SW; 5110-5130 Summer Avenue; 1115 North Charles G. Seivers Boulevard; 7110-7136 Winchester Road; 1407, 1411-1415 East 16th Avenue; 3108, 3202-3210 McClellan Boulevard 3214-3220, 3124,3202,3226-3230,3300 McClellan Blvd; 113-129 West Broadway Boulevard; 120,130,140,154,158 West Northern Avenue 180, 240, 130, 155, 156, 175 East Northern Avenue; 4500,4516, 4520-4524 South Suncoast Boulevard 4525,4530-4532,4538,4540,4546-4556 S Suncoast Blvd; 917 East Main St; 802-808, 812-820 Pelham Road South; 5963 and 5969 Plank Road; 1803 James L. Redman Parkway; Detroit, MI (and 24 more) 48235 |
| 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 | ["2002", "2013", "2004", "2009", "2000", "1997", "1994", "2008", "2003"] |
| Original balance | $45.0M |
| Current balance | $45.0M (September 2026) |
| Share of deal balance | 5.7% |
| Interest rate at origination | 6.35% |
| Current interest rate | 6.35% |
| Origination date | 04-30-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-05-01 |
| Prepayment lockout end | 06-30-2027 |
| Yield maintenance end | 11-30-2034 |
| Servicer | TBD (Serv. Shift) |
| 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 | $239.0M | 02-01-2025 | MAI |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| The Home Depot #2781 | not yet reported | ["11-30-2028", "02-29-2028", "05-13-2028", "05-31-2034", "03-31-2031", "12-31-2033", "11-15-2029", "12-31-2027", "12-31-2029", "07-26-2032", "08-05-2028", "12-31-2031", "12-31-2028", "06-30-2027", "05-31-2027", "01-31-2031", "03-31-2031", "03-31-2031", "06-30-2029", "01-29-2032", "01-31-2033", "05-31-2031", "03-31-2031"] |
| JBH Holdings, LLC - | not yet reported | ["08-31-2030", "04-30-2028", "12-31-2027", "03-31-2030", "02-01-2034", "05-31-2030", "05-31-2029", "02-01-2031", "12-31-2030", "03-22-2027", "06-30-2027", "07-21-2033", "04-04-2029", "01-31-2027", "12-31-2027", "12-31-2029", "01-15-2029", "03-09-2030", "01-31-2036", "02-29-2032", "04-29-2028", "03-31-2031", "06-30-2027", "01-31-2031", "05-01-2030"] |
| Cleveland Fresh Food | not yet reported | ["02-28-2030", "05-31-2029", "01-15-2028", "01-31-2030", "08-30-2028", "04-30-2031", "01-31-2034", "07-30-2030", "01-15-2031", "09-30-2030", "07-31-2029", "01-31-2031", "04-30-2032", "10-31-2029", "01-31-2031", "03-31-2030", "05-31-2030", "02-28-2031", "04-04-2099", "08-31-2029", "11-30-2030", "12-31-2032", "07-31-2028", "06-30-2033"] |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| July 2025 | $45.0M | Current | 6.35% | 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 | $45.0M | Current | 6.35% | 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 | $45.0M | Current | 6.35% | 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 | $45.0M | Current | 6.35% | 1.83 | 1.84 | 99% | $0 | 06-30-2025 | $27.4M | $8.4M | $19.0M | $18.9M |
| November 2025 | $45.0M | Current | 6.35% | 1.83 | 1.84 | 99% | $0 | 06-30-2025 | $27.4M | $8.4M | $19.0M | $18.9M |
| December 2025 | $45.0M | Current | 6.35% | 1.83 | 1.84 | 99% | $0 | 06-30-2025 | $27.4M | $8.4M | $19.0M | $18.9M |
| January 2026 | $45.0M | Current | 6.35% | 1.83 | 1.84 | 99% | $0 | 06-30-2025 | $27.4M | $8.4M | $19.0M | $18.9M |
| February 2026 | $45.0M | Current | 6.35% | 1.83 | 1.84 | 99% | $0 | 06-30-2025 | $27.4M | $8.4M | $19.0M | $18.9M |
| March 2026 | $45.0M | Current | 6.35% | 1.20 | 1.21 | 99% | $0 | 09-30-2025 | $26.7M | $9.5M | $17.3M | $17.2M |
| April 2026 | $45.0M | Current | 6.35% | 1.58 | 1.74 | 99% | $0 | 12-31-2025 | $26.5M | $8.6M | $17.9M | $16.3M |
| May 2026 | $45.0M | Current | 6.35% | 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 | $45.0M | Current | 6.35% | 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 | $45.0M | Current | 6.35% | 1.43 | 2.09 | 99% | $0 | 03-31-2026 | $7.7M | $2.3M | $5.4M | $3.7M |
| August 2026 | $45.0M | Current | 6.35% | 1.43 | 2.09 | 99% | $0 | 03-31-2026 | $7.7M | $2.3M | $5.4M | $3.7M |
| September 2026 | $45.0M | Current | 6.35% | 1.43 | 2.09 | 99% | $0 | 03-31-2026 | $7.7M | $2.3M | $5.4M | $3.7M |
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: BMO 2025-C13 Mortgage Trust; Wells Fargo Commercial Mortgage Trust 2025-C65.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.