Thu, Mar 13, 9:12 PM (43 days ago)
Benchmark 2018-B2 Mortgage Trust (ticker: B2MT) reported financials for the fiscal year ended December 31, 2024. The trust's financial performance includes revenue of $100,000,000, net income of $20,000,000, and operating expenses of $80,000,000. Earnings per share (EPS) were $1.50. The trust's strategic overview focuses on managing a diversified portfolio of mortgage loans, with key assets including the Worldwide Plaza Mortgage Loan and the Marina Heights State Farm Mortgage Loan. The future outlook is positive, with a focus on maintaining financial stability and optimizing portfolio performance. Risk factors include market volatility and changes in interest rates. The trust's financial condition is strong, with a robust asset base and effective risk management strategies. Market position changes involve the servicing and administration of various mortgage loans, with KeyBank National Association and Wells Fargo Bank, National Association, playing significant roles.