Loan modification · Wells Fargo Commercial Mortgage Trust 2020-C55 · loan 883101050 · medium
Wells Fargo Commercial Mortgage Trust 2020-C55: loan 883101050 was modified by the servicer (code 8), effective 2026-10-06.
2026-10-06 · SEC filing
CMBS distress signals
Loan-level red flags from CMBS filings — 10-D CREFC IRP servicer reports (special servicing, delinquency, appraisal reductions, maturity defaults, loan modifications) and, for 2017+ deals, Form ABS-EE asset-level data (upstream debt-service and occupancy early warnings). Factual reports of public SEC filings — not an allegation of wrongdoing, not investment advice.
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Appraisal reduction · CSAIL 2015-C1 Commercial Mortgage Trust · loan 10262929 · high
CSAIL 2015-C1 Commercial Mortgage Trust: loan 10262929 has an appraisal reduction of $2,179,054 (~100% of balance) (2026-09-01) — the collateral was re-appraised down.
2026-09-01 · SEC filing
Appraisal reduction · BMO 2023-C6 Mortgage Trust · loan 30510011 · medium
BMO 2023-C6 Mortgage Trust: loan 30510011 has an appraisal reduction of $467,506 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BMO 2023-C6 Mortgage Trust · loan 30509887 · medium
BMO 2023-C6 Mortgage Trust: loan 30509887 has an appraisal reduction of $342,298 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BMO 2023-C6 Mortgage Trust · loan 30321813 · medium
BMO 2023-C6 Mortgage Trust: loan 30321813 has an appraisal reduction of $8,814 (~0% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BMO 2023-C6 Mortgage Trust · loan 30321816 · medium
BMO 2023-C6 Mortgage Trust: loan 30321816 has an appraisal reduction of $23,291 (~1% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · Benchmark 2023-V3 Mortgage Trust · loan 30509759 · medium
Benchmark 2023-V3 Mortgage Trust: loan 30509759 has an appraisal reduction of $433,922 (~1% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · Benchmark 2023-V3 Mortgage Trust · loan 30509969 · medium
Benchmark 2023-V3 Mortgage Trust: loan 30509969 has an appraisal reduction of $281,924 (~1% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · Benchmark 2024-V5 Mortgage Trust · loan 30510386 · medium
Benchmark 2024-V5 Mortgage Trust: loan 30510386 has an appraisal reduction of $87,201 (~1% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · Benchmark 2024-V5 Mortgage Trust · loan 30510356 · medium
Benchmark 2024-V5 Mortgage Trust: loan 30510356 has an appraisal reduction of $180,295 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2023-5C23 · loan 30510181 · medium
BBCMS Mortgage Trust 2023-5C23: loan 30510181 has an appraisal reduction of $98,232 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2023-5C23 · loan 30322075 · medium
BBCMS Mortgage Trust 2023-5C23: loan 30322075 has an appraisal reduction of $32,411 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2023-5C23 · loan 30322049 · medium
BBCMS Mortgage Trust 2023-5C23: loan 30322049 has an appraisal reduction of $1,022,106 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BMO 2023-C7 Mortgage Trust · loan 30510242 · medium
BMO 2023-C7 Mortgage Trust: loan 30510242 has an appraisal reduction of $239,059 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BMO 2023-C7 Mortgage Trust · loan 30510243 · medium
BMO 2023-C7 Mortgage Trust: loan 30510243 has an appraisal reduction of $95,624 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · Benchmark 2024-V11 Mortgage Trust · loan 30511373 · medium
Benchmark 2024-V11 Mortgage Trust: loan 30511373 has an appraisal reduction of $395,625 (~2% of balance) — the collateral was re-appraised down.
2026-07-14 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2023-C22 · loan 30321962 · medium
BBCMS Mortgage Trust 2023-C22: loan 30321962 has an appraisal reduction of $222,846 (~4% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2023-C22 · loan 30321961 · medium
BBCMS Mortgage Trust 2023-C22: loan 30321961 has an appraisal reduction of $237,305 (~2% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BMO 2022-C3 Mortgage Trust · loan 30321362 · medium
BMO 2022-C3 Mortgage Trust: loan 30321362 has an appraisal reduction of $13,966 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2022-C15 · loan 30320869 · medium
BBCMS Mortgage Trust 2022-C15: loan 30320869 has an appraisal reduction of $21,963 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2022-C14 · loan 30320734 · medium
BBCMS Mortgage Trust 2022-C14: loan 30320734 has an appraisal reduction of $20,602 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · Benchmark 2023-V2 Mortgage Trust · loan 30509740 · medium
Benchmark 2023-V2 Mortgage Trust: loan 30509740 has an appraisal reduction of $749,065 (~1% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BMO 2022-C3 Mortgage Trust · loan 30321358 · medium
BMO 2022-C3 Mortgage Trust: loan 30321358 has an appraisal reduction of $61,371 (~2% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BMO 2022-C3 Mortgage Trust · loan 30321348 · medium
BMO 2022-C3 Mortgage Trust: loan 30321348 has an appraisal reduction of $7,642 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BMO 2022-C2 Mortgage Trust · loan 30508734 · medium
BMO 2022-C2 Mortgage Trust: loan 30508734 has an appraisal reduction of $54,322 (~1% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2022-C15 · loan 30320868 · medium
BBCMS Mortgage Trust 2022-C15: loan 30320868 has an appraisal reduction of $24,159 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · BBCMS Mortgage Trust 2022-C15 · loan 30508596 · medium
BBCMS Mortgage Trust 2022-C15: loan 30508596 has an appraisal reduction of $1,103,797 (~4% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · Benchmark 2022-B32 Mortgage Trust · loan 30508360 · medium
Benchmark 2022-B32 Mortgage Trust: loan 30508360 has an appraisal reduction of $14,887 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · Benchmark 2021-B29 Mortgage Trust · loan 30530160 · medium
Benchmark 2021-B29 Mortgage Trust: loan 30530160 has an appraisal reduction of $20,113 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · 3650R 2021-PF1 Commercial Mortgage Trust · loan 30507344 · medium
3650R 2021-PF1 Commercial Mortgage Trust: loan 30507344 has an appraisal reduction of $42,070 (~0% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · Benchmark 2021-B25 Mortgage Trust · loan 30506923 · medium
Benchmark 2021-B25 Mortgage Trust: loan 30506923 has an appraisal reduction of $97,742 (~1% of balance) — the collateral was re-appraised down.
2026-07-13 · SEC filing
Appraisal reduction · Benchmark 2019-B14 Mortgage Trust · loan 30503724 · medium
Benchmark 2019-B14 Mortgage Trust: loan 30503724 has an appraisal reduction of $213,096 (~1% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Benchmark 2019-B14 Mortgage Trust · loan 30317069 · medium
Benchmark 2019-B14 Mortgage Trust: loan 30317069 has an appraisal reduction of $8,618 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Benchmark 2019-B14 Mortgage Trust · loan 30317064 · medium
Benchmark 2019-B14 Mortgage Trust: loan 30317064 has an appraisal reduction of $43,089 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Benchmark 2019-B14 Mortgage Trust · loan 30317082 · medium
Benchmark 2019-B14 Mortgage Trust: loan 30317082 has an appraisal reduction of $15,363 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Benchmark 2019-B13 Mortgage Trust · loan 30316879 · medium
Benchmark 2019-B13 Mortgage Trust: loan 30316879 has an appraisal reduction of $137,182 (~1% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Benchmark 2019-B13 Mortgage Trust · loan 30316878 · medium
Benchmark 2019-B13 Mortgage Trust: loan 30316878 has an appraisal reduction of $17,129 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · GS Mortgage Securities Trust 2019-GC42 · loan 30520984 · medium
GS Mortgage Securities Trust 2019-GC42: loan 30520984 has an appraisal reduction of $8,087 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · CSAIL 2019-C16 Commercial Mortgage Trust · loan 30316348 · medium
CSAIL 2019-C16 Commercial Mortgage Trust: loan 30316348 has an appraisal reduction of $141,361 (~2% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2019-C16 · loan 30315918 · medium
UBS Commercial Mortgage Trust 2019-C16: loan 30315918 has an appraisal reduction of $257,262 (~2% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Morgan Stanley Capital I Trust 2019-L2 · loan 30315682 · medium
Morgan Stanley Capital I Trust 2019-L2: loan 30315682 has an appraisal reduction of $59,176 (~1% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Morgan Stanley Capital I Trust 2019-L2 · loan 30315669 · medium
Morgan Stanley Capital I Trust 2019-L2: loan 30315669 has an appraisal reduction of $632,538 (~3% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · Morgan Stanley Capital I Trust 2019-L2 · loan 30315666 · medium
Morgan Stanley Capital I Trust 2019-L2: loan 30315666 has an appraisal reduction of $104,527 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2018-C14 · loan 30501805 · medium
UBS Commercial Mortgage Trust 2018-C14: loan 30501805 has an appraisal reduction of $1,347 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2018-C14 · loan 30315278 · medium
UBS Commercial Mortgage Trust 2018-C14: loan 30315278 has an appraisal reduction of $6,617 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2018-C12 · loan 30314924 · medium
UBS Commercial Mortgage Trust 2018-C12: loan 30314924 has an appraisal reduction of $196,889 (~5% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2018-C12 · loan 30314885 · medium
UBS Commercial Mortgage Trust 2018-C12: loan 30314885 has an appraisal reduction of $229,191 (~1% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2018-C12 · loan 30314880 · medium
UBS Commercial Mortgage Trust 2018-C12: loan 30314880 has an appraisal reduction of $5,518 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2018-C12 · loan 30299976 · medium
UBS Commercial Mortgage Trust 2018-C12: loan 30299976 has an appraisal reduction of $43,836 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing
Appraisal reduction · UBS Commercial Mortgage Trust 2018-C12 · loan 30299799 · medium
UBS Commercial Mortgage Trust 2018-C12: loan 30299799 has an appraisal reduction of $65,754 (~0% of balance) — the collateral was re-appraised down.
2026-07-12 · SEC filing