JPMorgan Chase CMBS loans: recent loans, sizes and rates

What JPMorgan Chase's CMBS lending looks like

• Larger loans than the market: a median of $47M against $15M for every CMBS loan in the 12 months to October 19, 2026.
• Rates in line with the market once property type is accounted for: across the 3 types where it made at least five loans, its median note rate was within 4 basis points of the market median for the same type, on a loan-weighted basis.
• 21% of its loans were made jointly with another originator, and count in full for each of them in these figures.
• Less active than a year earlier: 34 loans in the latest 12 months against 56 in the 12 months before.

JPMorgan Chase against the CMBS market

Measure	JPMorgan Chase	CMBS market
Median loan	$47M	$15M
Median note rate	6.38%	6.40%
Middle half of rates	6.08% to 6.76%
Median loan-to-value	61.2%	63.9%
Median debt service coverage	1.52x	1.47x
Median debt yield	10.5%	10.1%
Interest-only for the full term	82%	87%
Five-year term	79%	79%
Ten-year term	21%	21%

JPMorgan Chase: its loans in the 12 months to October 19, 2026. Market: every loan securitized in the 12 months to October 19, 2026 except co-op housing (958 loans). Loan-to-value, coverage and debt yield are at securitization and use whole loans only, since a split note holds only part of the debt. See DSCR and debt yield.

Property types JPMorgan Chase financed

Property type	Loans	Volume	Median rate	Market, same type
Retail	10	$721M	6.48%	6.58% (-10 bp)
Office	6	$531M	6.54%	6.64% (-10 bp)
Industrial	5	$194M	6.80%	6.63% (+17 bp)
Hotel	3	$649M
Mixed use	3	$178M
Self-storage	3	$33.4M
Mobile home park	2	$99M
Other or not reported	1	$50M
Multifamily	1	$38M

Median rates shown where JPMorgan Chase made at least five loans of the type. Market medians are for the 12 months to October 19, 2026.

Loan sizes and terms

Smallest loan $5.8M, largest $552M. 82% were interest-only for the whole term. What those terms mean for a borrower: CMBS loan terms and interest-only CMBS loans.

Where JPMorgan Chase lends

Most frequent states for its loans in the 12 months to October 19, 2026:

• NY 7
• CA 4
• PA 3
• FL 3
• TX 3
• VA 1
• NV 1
• MA 1
• MD 1
• OH 1

Portfolio loans count once, at the state of the largest property. CMBS loans by state.

JPMorgan Chase loans securitized each quarter

Quarter ending	Loans	Chart
Jan 20, 2025	14
Apr 21, 2025	12
Jul 21, 2025	13
Oct 20, 2025	17
Jan 19, 2026	15
Apr 20, 2026	12
Jul 20, 2026	4
Oct 19, 2026	3

Eight 91-day periods ending October 19, 2026, by origination date. Loans reach the filings when their trust prices, so the latest quarter fills in over the following months.

How JPMorgan Chase appears in the SEC filings

Trusts name the originator in their own words. These are the versions of the name on JPMorgan Chase loans in the 24 months to October 19, 2026, with the number of notes filed under each, including loans made jointly with other lenders. 35 trusts hold these loans; the most were in BANK5 2025-5YR17 (7).

• JPMCB 57
• JPMorgan Chase Bank, National Association 46
• WFB/JPMCB 7
• WFB, CREFI, JPMCB 6
• JPMCB/WFB 5
• MSMCH/JPMCB 5
• GACC, GSBI, BMO, JPMCB, MSBNA 5
• JPMCB, GSBI 4
• JPMCB, CREFI 4
• Morgan Stanley Bank, N.A., JPMorgan Chase Bank, National Association 3
• Bank of America, National Association, Morgan Stanley Bank, N.A., JPMorgan Chase Bank, National Association 3
• JPMCB CREFI 3
• Wells Fargo Bank, National Association/JPMorgan Chase Bank, National Association 2
• JPMCB/MSMCH 2

Plus 12 other spellings and joint-originator combinations.

JPMorgan Chase's own website: jpmorganchase.com. Bank programs, contacts and terms are theirs to state; this page reports only what the filings show.

Getting a CMBS loan like these

Janover Capital LLC is a commercial mortgage advisor, not a lender, and has no affiliation with JPMorgan Chase. Nothing here means JPMorgan Chase will make a particular loan or offer a particular rate. What the filings do show is the kind of loan it has been closing. If your property and loan size look like the ones above, send the deal and we will place it with conduit lenders whose recent loans fit, which may or may not include JPMorgan Chase. Before you do, read CMBS loan requirements and the document checklist.

Similar CMBS lenders

Closest in property mix:

• Wells Fargo: 88 loans, median $19.4M at 6.46%
• BMO: 43 loans, median $16.4M at 6.46%
• UBS: 20 loans, median $17M at 6.54%
• Goldman Sachs: 71 loans, median $14.5M at 6.33%

All CMBS lenders, ranked · CMBS loan rates · Methodology

Questions people ask

How big are JPMorgan Chase's CMBS loans?

In the 12 months to October 19, 2026, JPMorgan Chase securitized loans from $5.8M to $552M, with a median of $47M. 12% were under $10 million. A loan split into notes across trusts counts once, at its full amount.

What interest rate does JPMorgan Chase charge on a CMBS loan?

Its loans in the 12 months to October 19, 2026 carried a median note rate of 6.38%, with the middle half between 6.08% and 6.76%. Those are rates at closing as filed with the SEC, not a quote: a new loan is priced off today's Treasury yield and the property.

What properties does JPMorgan Chase finance with CMBS loans?

Retail (10 loans), Office (6 loans), Industrial (5 loans), Hotel (3 loans), and others, in the 12 months to October 19, 2026. Its most frequent state was NY (7 loans).

Who services a JPMorgan Chase CMBS loan?

Not the originator, usually. Once a loan is in a trust, the master servicer named in that trust's pooling and servicing agreement collects payments and handles routine requests, and the special servicer takes over if the loan gets into trouble. Look up a loan by property or trust to see both.