← BBCMS Mortgage Trust 2025-C39 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2025-C39
- Current balance
- $39.8M (September 2026)
- Share of deal
- 4.9%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2035-12-01
Property and terms
| Property | ExchangeRight Net Leased Portfolio #73 (and 10 more properties) |
| Address | 2070 Southgate Road; 4122 East Towne Boulevard; 7801 West Layton Avenue; 8301 Rumsey Road; 6289 South Transit Road; 590 US Route 11; 69 Stirling Rd; 1649 N Highway 33; 591 Whittington Drive; 825 Princeton Rd; 6946 State Route 17C; Colorado Springs, CO (and 10 more) 80906 |
| 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 | ["2020", "2020"] |
| Original balance | $39.8M |
| Current balance | $39.8M (September 2026) |
| Share of deal balance | 4.9% |
| Interest rate at origination | 6.02% |
| Current interest rate | 6.02% |
| Origination date | 11-20-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-12-01 |
| Prepayment lockout end | 05-31-2035 |
| 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
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $80.4M | not yet reported | MAI |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| BioLife Plasma | not yet reported | ["10-31-2040", "12-31-2035", "09-30-2035", "11-30-2040", "11-30-2040", "11-30-2040", "11-30-2040", "11-30-2040", "07-31-2040", "09-30-2040", "11-30-2028"] |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2025 | $39.8M | Matured balloon, performing | 6.02% | 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 | $39.8M | Current | 6.02% | 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 | $39.8M | Current | 6.02% | 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 | $39.8M | Current | 6.02% | 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 | $39.8M | Current | 6.02% | 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 | $39.8M | Current | 6.02% | 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 | $39.8M | Current | 6.02% | 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 | $39.8M | Current | 6.02% | 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", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026"] | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $39.8M | Current | 6.02% | 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", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026"] | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $39.8M | Current | 6.02% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026", "06-30-2026"] | 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.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.