BDS Ltd (BDS) 2025-FL14

C/PSectorStatusDeal NameParentLeadsRegionDate
ABS
CMBS
PRCD
BDS 2025-FL14 (USD 693m)Bridge Investment Group (Bridge REIT)USOA
Feb 21, 2025
ClassCCYSIZE (M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHIPTGDNCSPRDCPNYLDPRICE
XJMV97.0005.441.70WN-N---1.61%--------Retained
X-IGMY81.0001.207.28OX-UUU--97.90%-PzbaubdwTGUO163r163u163ZTQW+157-34.65000
JZGC26.0007.212.50QV-DDD---86.38%-JksybrpjBLOP330m320s310GJVF+310-835.00000
ELEN19.0008.104.45QG-QQ---46.79%-FbdeterkBOJT185a180x175MUCI+169-37.56000
HPEVVZ12.000--FN-MU-----------Retained
RYZU93.0004.775.70DT-WWW--72.91%-TdqmxqhzEZPD260r255c250BKVB+250-871.00000
EHRJ892.0003.201.50Pgg-III--68.70%-RvbmrcrsQLXX138m138c135WBMQ+128-78.81000
AFOO80.0004.308.60JE-B---38.43%-EzwpmzppWPZR215c205i195DNPD+189-82.69000
WYOW14.0007.189.60JY-EE---7.62%--------Retained
Filings
Tranche Comments
E: First Pay: 2025-04-21; Registration: 144I/Qlf G; X-I: First Pay: 2025-04-21; Registration: 144H/Afd K; E: First Pay: 2025-04-21; Registration: 144J/Gef M; A: First Pay: 2025-04-21; Registration: 144U/Rqi B; R: First Pay: 2025-04-21; Registration: 144W/Ehp J; J: First Pay: 2025-04-21; Registration: 144U/Vje C; W: First Pay: 2025-04-21; Registration: 144P/Qnu H; X: First Pay: 2025-04-21; Registration: 144A/Lef R; HPE: First Pay: 2025-04-21; Registration: 144P/Lto L;
Risk Retention
FV - Itfz QF/FF - Itf
Cut-Off Balance ($mm)
567.90419
# of Loans
43
# of Properties
65
WA Seasoning (Months)
2
WA U/W DSCR
1.04m
WA U/W NOI Debt Yield
5.6%

Commentary 

Upgrade Plan

Deal Flow 

Upgrade Plan

B&I

BWICS & Inventory

This module is available on the Professional plan. Learn moreUpgrade Plan

TRACE

This module is available on the Professional plan. Learn moreUpgrade Plan

Research