Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

STATEMENT TO NOTEHOLDERS

March 17, 2026


TRANSACTION PARTIES


Depositor:	Citigroup Commercial Mortgage Securities Inc.
Master Servicer:	Trimont LLC
Special Servicer:	LNR Partners, LLC
Asset Representations Reviewer /
	Park Bridge Lender Services LLC
Operating Advisor:
Certificate Administrator:	Citibank, N.A.
Trustee:	Wilmington Savings Fund Society, FSB




	Danny Lee	Citibank, Agency and Trust
	(212) 816-4936	388 Greenwich Street Trading, 4th Floor
[email protected]		New York, NY 10013


TABLE OF CONTENTS


1	.	Distribution Summary	2
1.1	.	Summary	2
1.2	.	Factors	3
2	.	Distribution Detail	4
2.1	.	Interest Detail	4
2.2	.	Interest Shortfall Detail	5
2.3	.	Principal Detail	6
3	.	Reconciliation Detail	7
4	.	Other Information	8
5	.	Stratification Detail	9
6	.	Mortgage Loan Detail	14
7	.	NOI Detail	16
8	.	Delinquency Loan Detail	18
9	.	Collateral Performance Delinquency and Loan Status Detail	19
10	.	Appraisal Reduction Detail	20
11	.	Historical Appraisal Reduction Detail	21
12	.	Loan Modification Detail	22
13	.	Historical Loan Modification Detail	23
14	.	Specially Serviced Loan Detail	24
15	.	Historical Specially Serviced Loan Detail	25
16	.	Unscheduled Principal Detail	26
17	.	Historical Unscheduled Principal Detail	27
18	.	Liquidated Loan Detail	28
19	.	Historical Liquidated Loan Detail	29
20	.	CREFC Investor Reporting Package Legends	30
21	.	Notes	31


Reports Available at sf.citidirect.com	v. 21.09.28	Page 1 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

DISTRIBUTION SUMMARY

March 17, 2026


											Accretion
											&
											Non-Cash
					Accrual		Other				Balance
	Original	Prior	Pass-Through		Day	Interest	(As Interest)	Principal	Total	Realized Loss	Increase/		Current
Class	Balance	Balance	Rate		Count	Distributed	Distributed	Distributed	Distributed	/(Recovery)	(Decrease)		Balance

A1	559,000.00	505,134.04	4.653000	%	30/360	1,958.66	-	15,391.06	17,349.72	-	-		489,742.98
A2	115,000,000.00	115,000,000.00	4.957000	%	30/360	475,045.83	-	-	475,045.83	-	-		115,000,000.00
A3	313,659,000.00	313,659,000.00	5.439000	%	30/360	1,421,659.42	-	-	1,421,659.42	-	-		313,659,000.00
AS	70,515,000.00	70,515,000.00	5.859000	%	30/360	344,289.49	-	-	344,289.49	-	-		70,515,000.00
B	27,592,000.00	27,592,000.00	6.130281	%	30/360	140,955.60	-	-	140,955.60	-	-		27,592,000.00
C	23,761,000.00	23,761,000.00	5.952000	%	30/360	117,854.56	-	-	117,854.56	-	-		23,761,000.00
D	19,928,000.00	19,928,000.00	4.500000	%	30/360	74,730.00	-	-	74,730.00	-	-		19,928,000.00
E-RR	11,497,000.00	11,497,000.00	6.265281	%	30/360	60,026.62	-	-	60,026.62	-	-		11,497,000.00
F-RR	7,664,000.00	7,664,000.00	6.265281	%	30/360	40,014.26	-	-	40,014.26	-	-		7,664,000.00
G-RR	22,994,480.00	22,994,480.00	6.265281	%	30/360	120,055.73	-	-	120,055.73	-	-		22,994,480.00
V-RR	11,493,805.00	11,492,795.28	0.000000	%	30/360	60,004.66	-	288.50	60,293.16	-	-		11,492,506.78
R	-	-	0.000000	%	30/360	-	-	-	-	-	-		-
Total	624,663,285.00	624,608,409.32				2,856,594.83	-	15,679.56	2,872,274.39	-	-		624,592,729.76
Notional
XA	429,218,000.00	429,164,134.04	0.956365	%	30/360	342,031.16	-	-	342,031.16	-	(15,391.06	)	429,148,742.98
XB	121,868,000.00	121,868,000.00	0.326728	%	30/360	33,181.44	-	-	33,181.44	-	-		121,868,000.00
XD	19,928,000.00	19,928,000.00	1.765281	%	30/360	29,315.44	-	-	29,315.44	-	-		19,928,000.00
Total	571,014,000.00	570,960,134.04				404,528.04	-	-	404,528.04	-	(15,391.06	)	570,944,742.98

Grand Total	1,195,677,285	1,195,568,543				3,261,122.87	-	15,679.56	3,276,802.43	-	(15,391.06	)	1,195,537,473


Reports Available at sf.citidirect.com	v. 21.09.28	Page 2 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

DISTRIBUTION SUMMARY - FACTORS

March 17, 2026


									Accretion
									&
									Non-Cash
					Other				Balance
			Record	Interest	(As Interest)	Principal	Total	Realized Loss	Increase/	Current
Class	CUSIP		Date	Distributed	Distributed	Distributed	Distributed	/(Recovery)	(Decrease)	Balance

A1	08164	RAA3	02/27/2026	3.50386404	-	27.53320215	31.03706619	-	-	876.10550984
A2	08164	RAB1	02/27/2026	4.13083330	-	-	4.13083330	-	-	1,000.00000000
A3	08164	RAC9	02/27/2026	4.53250001	-	-	4.53250001	-	-	1,000.00000000
XA	08164	RAD7	02/27/2026	0.79687049	-	-	0.79687049	-	-	999.83864372
AS	08164	RAV7	02/27/2026	4.88250004	-	-	4.88250004	-	-	1,000.00000000
B	08164	RAF2	02/27/2026	5.10856770	-	-	5.10856770	-	-	1,000.00000000
C	08164	RAG0	02/27/2026	4.96000000	-	-	4.96000000	-	-	1,000.00000000
XB	08164	RAE5	02/27/2026	0.27227361	-	-	0.27227361	-	-	1,000.00000000
D	08164RAK1 U08129AB1		02/27/2026	3.75000000	-	-	3.75000000	-	-	1,000.00000000
XD	08164RAH8 U08129AA3		02/27/2026	1.47106784	-	-	1.47106784	-	-	1,000.00000000
E-RR	08164	RAN5	02/27/2026	5.22106810	-	-	5.22106810	-	-	1,000.00000000
F-RR	08164	RAQ8	02/27/2026	5.22106733	-	-	5.22106733	-	-	1,000.00000000
G-RR	08164	RAS4	02/27/2026	5.22106740	-	-	5.22106740	-	-	1,000.00000000
V-RR	08164	R204	02/27/2026	5.22060884	-	0.02510048	5.24570932	-	-	999.88705046
R	08164	RAT2	02/27/2026	-	-	-	-	-	-	-


Reports Available at sf.citidirect.com	v. 21.09.28	Page 3 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

DISTRIBUTION INFORMATION - INTEREST DETAIL

March 17, 2026


			Rate					Interest			Shortfall				Paid
															Cap
							Accrual	Net	Accreted	Non	Carry	Cap Carryover			Carryover
Class	Uncapped Capped				Next		Dates	Accrued	/Deferred	Recovered	Forward	/Basis Risk	Accrued	Carry Forward /Basis Risk		Total

A1	4.65300	%	4.65300	%	4.65300	%	02/01-02/28	1,958.66	-	-	-	-	1,958.66	-	-	1,958.66
A2	4.95700	%	4.95700	%	4.95700	%	02/01-02/28	475,045.83	-	-	-	-	475,045.83	-	-	475,045.83
A3	5.43900	%	5.43900	%	5.43900	%	02/01-02/28	1,421,659.42	-	-	-	-	1,421,659.42	-	-	1,421,659.42
AS	5.85900	%	5.85900	%	5.85900	%	02/01-02/28	344,289.49	-	-	-	-	344,289.49	-	-	344,289.49
B	6.33900	%	6.13028	%	6.13028	%	02/01-02/28	140,955.60	-	-	-	-	140,955.60	-	-	140,955.60
C	5.95200	%	5.95200	%	5.95200	%	02/01-02/28	117,854.56	-	-	-	-	117,854.56	-	-	117,854.56
D	4.50000	%	4.50000	%	4.50000	%	02/01-02/28	74,730.00	-	-	-	-	74,730.00	-	-	74,730.00
E-RR	6.47400	%	6.26528	%	6.26528	%	02/01-02/28	60,026.62	-	-	-	-	60,026.62	-	-	60,026.62
F-RR	6.47400	%	6.26528	%	6.26528	%	02/01-02/28	40,014.26	-	-	-	-	40,014.26	-	-	40,014.26
G-RR	6.47400	%	6.26528	%	6.26528	%	02/01-02/28	120,055.74	-	-	15.12	-	120,055.73	-	-	120,055.73
V-RR	0.00000	%	0.00000	%	0.00000	%	02/01-02/28	60,004.66	-	-	-	-	60,004.66	-	-	60,004.66
R	0.00000	%	0.00000	%	0.00000	%	02/01-02/28	-	-	-	-	-	-	-	-	-
Total								2,856,594.84	-	-	15.12	-	2,856,594.83	-	-	2,856,594.83
Notional
XA	1.16500	%	0.95636	%	0.95636	%	02/01-02/28	342,031.16	-	-	-	-	342,031.16	-	-	342,031.16
XB	0.48800	%	0.32673	%	0.32673	%	02/01-02/28	33,181.44	-	-	-	-	33,181.44	-	-	33,181.44
XD	1.97400	%	1.76528	%	0.00000	%	02/01-02/28	29,315.44	-	-	-	-	29,315.44	-	-	29,315.44
Total								404,528.04	-	-	-	-	404,528.04	-	-	404,528.04

Grand Total								3,261,122.88	-	-	15.12	-	3,261,122.87	-	-	3,261,122.87


Reports Available at sf.citidirect.com	v. 21.09.28	Page 4 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

DISTRIBUTION INFORMATION - INTEREST SHORTFALL DETAIL

March 17, 2026


											Cap Carryover /
	Non-Recov Shortfall				Carry Forward Interest					Basis Risk Shortfall
			Other
Class	PPIS	SSRA	Shortfall	Prior	Int. on Prior	New	Paid	Outstanding	Prior	Int. on Prior	New	Paid	Outstanding

A1	-	-	-	-	-	-	-	-	-	-	-	-	-
A2	-	-	-	-	-	-	-	-	-	-	-	-	-
A3	-	-	-	-	-	-	-	-	-	-	-	-	-
AS	-	-	-	-	-	-	-	-	-	-	-	-	-
B	-	-	-	-	-	-	-	-	-	-	-	-	-
C	-	-	-	-	-	-	-	-	-	-	-	-	-
D	-	-	-	-	-	-	-	-	-	-	-	-	-
E-RR	-	-	-	-	-	-	-	-	-	-	-	-	-
F-RR	-	-	-	-	-	-	-	-	-	-	-	-	-
G-RR	-	-	-	2,894.96	15.11	0.01	-	2,910.08	-	-	-	-	-
V-RR	-	-	-	-	-	-	-	-	-	-	-	-	-
R	-	-	-	-	-	-	-	-	-	-	-	-	-
Total	-	-	-	2,894.96	15.11	0.01	-	2,910.08	-	-	-	-	-
Notional
XA	-	-	-	-	-	-	-	-	-	-	-	-	-
XB	-	-	-	-	-	-	-	-	-	-	-	-	-
XD	-	-	-	-	-	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-	-	-	-	-	-

Grand Total	-	-	-	2,894.96	15.11	0.01	-	2,910.08	-	-	-	-	-


Reports Available at sf.citidirect.com	v. 21.09.28	Page 5 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

DISTRIBUTION INFORMATION - PRINCIPAL DETAIL

March 17, 2026


					Accretion
					&
					Non-Cash
					Balance		Cumulative
	Prior	Principal	Accreted	Realized Loss	Increase/	Current	Realized	Class %		Class %		Sub %		Sub %
Class	Balance	Distributed	Principal	/(Recovery)	(Decrease)	Balance	Loss	Original		Current		Original		Current

A1	505,134.04	15,391.06	-	-	-	489,742.98	-	0.00	%	0.08	%	0.00	%	30.00	%
A2	115,000,000.00	-	-	-	-	115,000,000.00	-	0.00	%	18.41	%	0.00	%	30.00	%
A3	313,659,000.00	-	-	-	-	313,659,000.00	-	0.00	%	50.22	%	0.00	%	30.00	%
AS	70,515,000.00	-	-	-	-	70,515,000.00	-	0.00	%	11.29	%	0.00	%	18.50	%
B	27,592,000.00	-	-	-	-	27,592,000.00	-	0.00	%	4.42	%	0.00	%	14.00	%
C	23,761,000.00	-	-	-	-	23,761,000.00	-	0.00	%	3.80	%	0.00	%	10.13	%
D	19,928,000.00	-	-	-	-	19,928,000.00	-	0.00	%	3.19	%	0.00	%	6.88	%
E-RR	11,497,000.00	-	-	-	-	11,497,000.00	-	0.00	%	1.84	%	0.00	%	5.00	%
F-RR	7,664,000.00	-	-	-	-	7,664,000.00	-	0.00	%	1.23	%	0.00	%	3.75	%
G-RR	22,994,480.00	-	-	-	-	22,994,480.00	-	0.00	%	3.68	%	0.00	%	0.00	%
V-RR	11,492,795.28	288.50	-	-	-	11,492,506.78	-	0.00	%	0.00	%	0.00	%	0.00	%
R	-	-	-	-	-	-	-	0.00	%	0.00	%	0.00	%	0.00	%

Total	624,608,409.32	15,679.56	-	-	-	624,592,729.76	-	0.00	%	98.16	%


Reports Available at sf.citidirect.com	v. 21.09.28	Page 6 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

RECONCILIATION DETAIL

March 17, 2026


SOURCE OF FUNDS			ALLOCATION OF FUNDS

Interest Funds Available			Scheduled Fees
Scheduled Interest	3,052,780.71		Servicing Fee	1,137.32
Prepayment Interest Shortfall	-		Trustee/Certificate Administrator Fee	6,223.19
Interest Adjustments	-		Operating Advisor Fee	1,272.82
ASER Amount	-		Asset Representations Reviewer Ongoing Fee	194.32
Realized Loss in Excess of Principal Balance	-		CREFC Intellectual Property Royalty License Fee	242.92
Total Interest Funds Available		3,052,780.71	Total Scheduled Fees		9,070.57
Principal Funds Available			Additional Fees, Expenses, etc.
Scheduled Principal	15,679.56		Additional Servicing Fee	-
Unscheduled Principal Collections	-		Special Servicing Fee	-
Net Liquidation Proceeds	-		Work-out Fee	-
Repurchased Principal	-		Liquidation Fee	-
Substitution Principal	-		Trust Fund Expenses	-
Other Principal	-		Trust Advisor Expenses	-
			Reimbursement of Interest on Advances to the Servicer	-
Total Principal Funds Available		15,679.56
			Borrower Reimbursable Trust Fund Expenses	-
Other Funds Available
			Other Expenses	-
Yield Maintenance Charges	-
Withdrawal of Withheld Amounts from the Interest Reserve			Total Additional Fees, Expenses, etc.		-
Account	217,412.73
			Distributions
Deposit of Withheld Amounts to the Interest Reserve Account	-
			Interest Distribution	3,261,122.87
Total Other Funds Available		217,412.73	Principal Distribution	15,679.56
			Yield Maintenance Charge Distribution	-
			Total Distributions		3,276,802.43




Total Funds Available		3,285,873.00
			Total Funds Allocated		3,285,873.00


Reports Available at sf.citidirect.com	v. 21.09.28	Page 7 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

OTHER INFORMATION

March 17, 2026


Available Funds
Pooled Available Funds	3,059,389.70
Interest Reserve Account Information
Beginning Interest Reserve Account Balance	217,412.73
Deposit of Withheld Amounts to the Interest Reserve Account	0.00
Withdrawal of Withheld Amounts from the Interest Reserve Account	-217,412.73
Ending Interest Reserve Account Balance	0.00
Excess Liquidation Proceeds Reserve Account Information
Beginning Excess Liquidation Proceeds Reserve Account Balance	0.00
Deposit to the Excess Liquidation Proceeds Reserve Account	0.00
Withdrawal from the Excess Liquidation Proceeds Reserve Account	0.00
Ending Excess Liquidation Proceeds Reserve Account Balance	0.00
Collateral Information
% of Cut-Off Principal Balance Outstanding	99.988705	%
Controlling Class Information
The Controlling Class is Class G-RR.
The Controlling Class Representative is V13 B-Piece Grand Avenue Partners, LLC.
There has not yet been notification of the current Loan-Specific Controlling Class Representative.
There Are No Disclosable Special Servicer Fees.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 8 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

STRATIFICATION DETAIL

March 17, 2026


Anticipated Remaining Term

Anticipated Remaining	Asset	Ending Scheduled	% of			Wtd Avg
Term Range	Count	Balance	Agg.Bal. WAC		WAM	DSCR

60 Months or Less	35	624,592,729.83	100.00	6.2839	51	1.769441
61 to 90 Months	0	0.00	0.00	0.0000	0	0.000000
91 Months or Greater	0	0.00	0.00	0.0000	0	0.000000
Total	35	624,592,729.83	100.00	6.2839	51	1.769441

Debt Service Coverage Ratio

Debt Service Coverage	Asset	Ending Scheduled	% of			Wtd Avg
Ratio Range	Count	Balance	Agg.Bal. WAC		WAM	DSCR

1.250 or Less	7	87,576,034.50	14.02	5.8770	52	0.614289
1.251 to 1.500	15	265,690,000.00	42.54	6.4697	51	1.344897
1.501 to 1.750	6	88,652,729.83	14.19	7.2902	49	1.590154
1.751 to 2.000	3	77,273,965.50	12.37	5.9257	52	1.946360
2.001 to 2.250	0	0.00	0.00	0.0000	0	0.000000
2.251 to 2.500	2	26,400,000.00	4.23	5.7886	52	2.383636
2.501 to 2.750	1	22,500,000.00	3.60	5.4389	53	2.620000
2.751 to 3.000	0	0.00	0.00	0.0000	0	0.000000
3.001 to 3.250	0	0.00	0.00	0.0000	0	0.000000
3.251 to 3.500	0	0.00	0.00	0.0000	0	0.000000
3.501 to 3.750	0	0.00	0.00	0.0000	0	0.000000
3.751 to 4.000	0	0.00	0.00	0.0000	0	0.000000
4.001 or Greater	1	56,500,000.00	9.05	5.5200	51	4.970000
Total	35	624,592,729.83	100.00	6.2839	51	1.769441


Reports Available at sf.citidirect.com	v. 21.09.28	Page 9 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

STRATIFICATION DETAIL

March 17, 2026


Ending Schedule Balance

Ending Schedule Balance	Asset	Ending Scheduled	% of			Wtd Avg
Range	Count	Balance	Agg.Bal. WAC WAM			DSCR

1 to 5,000,000	2	6,225,344.95	1.00	6.3934	52	0.915451
10,000,001 to 15,000,000	5	59,177,384.88	9.47	6.4294	51	1.140055
15,000,001 to 20,000,000	7	128,600,000.00	20.59	6.5765	50	1.712224
20,000,001 to 25,000,000	5	110,700,000.00	17.72	5.9513	52	1.322737
25,000,001 to 30,000,000	0	0.00	0.00	0.0000	0	0.000000
30,000,001 to 35,000,000	1	35,000,000.00	5.60	6.7300	50	1.330000
35,000,001 to 40,000,000	1	38,623,965.50	6.18	5.3757	53	1.960000
40,000,001 to 45,000,000	1	40,500,000.00	6.48	5.8700	52	1.350000
45,000,001 to 50,000,000	0	0.00	0.00	0.0000	0	0.000000
5,000,001 to 10,000,000	11	94,266,034.50	15.09	6.7762	51	1.386118
50,000,001 to 55,000,000	1	55,000,000.00	8.81	6.7000	52	1.400000
55,000,001 to 60,000,000	1	56,500,000.00	9.05	5.5200	51	4.970000
60,000,001 to 65,000,000	0	0.00	0.00	0.0000	0	0.000000
65,000,001 to 70,000,000	0	0.00	0.00	0.0000	0	0.000000
70,000,001 to 75,000,000	0	0.00	0.00	0.0000	0	0.000000
75,000,001 to 80,000,000	0	0.00	0.00	0.0000	0	0.000000
80,000,001 to 85,000,000	0	0.00	0.00	0.0000	0	0.000000
85,000,000+	0	0.00	0.00	0.0000	0	0.000000
Total	35	624,592,729.83	100.00	6.2839	51	1.769441


Reports Available at sf.citidirect.com	v. 21.09.28	Page 10 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

STRATIFICATION DETAIL

March 17, 2026


Loan Rate

	Asset	Ending Scheduled	% of			Wtd Avg
Loan Rate Range	Count	Balance	Agg.Bal. WAC WAM			DSCR

4.00 or Less	0	0.00	0.00	0.0000	0	0.000000
4.01 to 4.25	0	0.00	0.00	0.0000	0	0.000000
4.26 to 4.50	0	0.00	0.00	0.0000	0	0.000000
4.51 to 4.75	0	0.00	0.00	0.0000	0	0.000000
4.76 to 5.00	0	0.00	0.00	0.0000	0	0.000000
5.01 to 5.25	0	0.00	0.00	0.0000	0	0.000000
5.26 to 5.50	7	123,000,000.00	19.69	5.3834	52	1.444496
5.51 to 5.75	1	56,500,000.00	9.05	5.5200	51	4.970000
5.76 to 6.00	4	102,200,000.00	16.36	5.9018	51	1.293072
6.01 to 6.25	1	18,650,000.00	2.99	6.0520	52	2.000000
6.26 to 6.50	3	29,300,000.00	4.69	6.4681	51	1.345461
6.51 to 6.75	6	141,500,000.00	22.65	6.6886	51	1.341343
6.76 to 7.00	6	77,202,729.83	12.36	6.9199	51	1.723080
7.01 or Greater	7	76,240,000.00	12.21	7.4061	49	1.508418
Total	35	624,592,729.83	100.00	6.2839	51	1.769441

Property Type

	Asset	Ending Scheduled	% of			Wtd Avg
Property Type Range	Count	Balance	Agg.Bal. WAC WAM			DSCR

Industrial	2	20,000,000.00	3.20	6.9350	51	1.315000
Lodging	3	45,650,000.00	7.31	7.2534	51	1.859978
Mixed Use	6	126,950,000.00	20.33	6.1584	51	3.098488
Multifamily	6	112,340,000.00	17.99	6.2933	51	1.297034
Office	3	39,102,729.83	6.26	7.3044	47	1.625678
Other	7	123,000,000.00	19.69	5.3834	52	1.444496
Retail	3	79,100,000.00	12.66	6.7026	51	1.369140
Self Storage	4	72,800,000.00	11.66	6.1614	51	1.337184
Total	35	624,592,729.83	100.00	6.2839	51	1.769441


Reports Available at sf.citidirect.com	v. 21.09.28	Page 11 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

STRATIFICATION DETAIL

March 17, 2026


Remaining Amortization Term

Remaining Amortization	Asset	Ending Scheduled	% of			Wtd Avg
Term Range	Count	Balance	Agg.Bal.	WAC	WAM	DSCR

240 Months or Less	34	612,190,000.00	98.01	6.2714	51	1.772266
241 to 270 Months	0	0.00	0.00	0.0000	0	0.000000
271 to 300 Months	0	0.00	0.00	0.0000	0	0.000000
301 Months or Greater	1	12,402,729.83	1.99	6.9000	50	1.630000
Total	35	624,592,729.83	100.00	6.2839	51	1.769441

Seasoning

	Asset	Ending Scheduled	% of			Wtd Avg
Seasoning Range	Count	Balance	Agg.Bal.	WAC	WAM	DSCR

12 Months or Less	34	607,892,729.83	97.33	6.2489	51	1.775195
13 to 24 Months	1	16,700,000.00	2.67	7.5600	45	1.560000
25 to 36 Months	0	0.00	0.00	0.0000	0	0.000000
37 to 48 Months	0	0.00	0.00	0.0000	0	0.000000
49 Months or Greater	0	0.00	0.00	0.0000	0	0.000000
Total	35	624,592,729.83	100.00	6.2839	51	1.769441


Reports Available at sf.citidirect.com	v. 21.09.28	Page 12 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

STRATIFICATION DETAIL

March 17, 2026


State

	Asset	Ending Scheduled	% of			Wtd Avg
State Range	Count	Balance	Agg.Bal. WAC WAM			DSCR

California	2	38,700,000.00	6.20	7.2399	49	1.531576
Connecticut	1	10,000,000.00	1.60	7.3790	48	1.730000
District of Columbia	1	22,500,000.00	3.60	5.4389	53	2.620000
Florida	3	45,650,000.00	7.31	7.1636	51	1.601490
Louisiana	2	27,140,000.00	4.35	6.9095	52	1.738460
Michigan	1	10,000,000.00	1.60	6.7400	52	1.250000
Missouri	1	12,402,729.83	1.99	6.9000	50	1.630000
N/A	4	43,876,034.50	7.02	5.4081	53	0.000000
New Jersey	2	48,000,000.00	7.69	6.6948	50	1.308333
New York	9	205,050,000.00	32.83	6.1740	51	2.415323
Pennsylvania	1	10,600,000.00	1.70	6.5000	51	1.360000
South Carolina	1	20,700,000.00	3.31	6.0000	53	1.210000
Texas	1	10,000,000.00	1.60	7.1300	51	1.380000
Utah	1	8,500,000.00	1.36	6.5750	52	1.400000
Various	4	102,773,965.50	16.45	5.6435	52	1.765243
Washington	1	8,700,000.00	1.39	6.4500	52	1.380000
Total	35	624,592,729.83	100.00	6.2839	51	1.769441


Reports Available at sf.citidirect.com	v. 21.09.28	Page 13 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

MORTGAGE LOAN DETAIL

March 17, 2026


			Prop			Paid					Beginning	Ending		Payment Workout Mod
			Type			Through	Gross		Interest	Principal	Scheduled	Scheduled	Maturity	Status		Strategy Code
Loan ID	OMCR		(1)	City	State	Date	Coupon		Payment	Payment	Balance	Balance	Date	(2	)	(3	)	(4	)

330170001	1		N/A	Various	XX	03/09/2026	5.37574	%	161,492.01	-	38,623,965.50	38,623,965.50	07/09/2030	0		0		0
883101363	10		LO	New Orleans	LA	03/06/2026	6.87000	%	106,866.67	-	20,000,000.00	20,000,000.00	07/06/2030	0		0		0
330170011	11		RT	Poinciana	FL	03/06/2026	6.66500	%	103,677.78	-	20,000,000.00	20,000,000.00	06/06/2030	0		0		0
330170012	12		MU	New York	NY	03/06/2026	6.05200	%	87,787.62	-	18,650,000.00	18,650,000.00	07/06/2030	0		0		0
330170013	13		N/A	Various	XX	03/06/2026	5.27000	%	73,780.00	-	18,000,000.00	18,000,000.00	07/06/2030	0		0		0
330170014	14		MF	New York	NY	03/06/2026	5.85000	%	81,900.00	-	18,000,000.00	18,000,000.00	07/06/2030	0		0		0
330170015	15		LO	Madeira Beach	FL	03/06/2026	7.87000	%	105,589.17	-	17,250,000.00	17,250,000.00	06/06/2030	0		0		0
301271940	16		OF	Sacramento	CA	03/06/2026	7.56000	%	98,196.00	-	16,700,000.00	16,700,000.00	12/06/2029	0		0		0
330170017	17		SS	Passaic	NJ	03/06/2026	6.60000	%	66,733.33	-	13,000,000.00	13,000,000.00	06/06/2030	0		0		0
330170018	18		OF	Clayton	MO	03/05/2026	6.90000	%	66,645.46	15,679.56	12,418,409.39	12,402,729.83	05/05/2030	0		0		0
330170019	19		SS	Seven Fields	PA	03/06/2026	6.50000	%	53,588.89	-	10,600,000.00	10,600,000.00	06/06/2030	0		0		0
330170101	1	A	N/A			03/09/2026	5.37574	%	26,659.06	-	6,376,034.50	6,376,034.50	07/09/2030	0		0		0
330170201	1	B	N/A			03/09/2026	5.37574	%	53,830.67	-	12,874,655.05	12,874,655.05	07/09/2030	0		0		0
330170301	1	C	N/A			03/09/2026	5.37574	%	8,886.35	-	2,125,344.95	2,125,344.95	07/09/2030	0		0		0
330170002	2		MU	New York	NY	03/06/2026	5.52000	%	242,573.33	-	56,500,000.00	56,500,000.00	06/06/2030	0		0		0
330170020	20		MU	Yonkers	NY	03/06/2026	6.89200	%	55,212.58	-	10,300,000.00	10,300,000.00	05/06/2030	0		0		0
330170021	21		OF	Stamford	CT	03/06/2026	7.37900	%	57,392.22	-	10,000,000.00	10,000,000.00	03/06/2030	0		0		0
330100002	22		IN	Detroit	MI	03/06/2026	6.74000	%	52,422.22	-	10,000,000.00	10,000,000.00	07/06/2030	0		0		0
330170023	23		MU	New York	NY	03/06/2026	6.45000	%	50,166.67	-	10,000,000.00	10,000,000.00	07/06/2030	0		0		0
330170024	24		IN	Houston	TX	03/06/2026	7.13000	%	55,455.56	-	10,000,000.00	10,000,000.00	06/06/2030	0		0		0
695101719	25		MU	Brooklyn	NY	03/06/2026	7.12000	%	52,608.89	-	9,500,000.00	9,500,000.00	05/06/2030	0		0		0
330170026	26		SS	Spokane Valley	WA	03/06/2026	6.45000	%	43,645.00	-	8,700,000.00	8,700,000.00	07/06/2030	0		0		0
330170027	27		MF	Cedar City	UT	02/06/2026	6.57500	%	43,468.06	-	8,500,000.00	8,500,000.00	07/06/2030	B		0		0
330170028	28		LO	Orlando	FL	03/06/2026	6.90000	%	45,080.00	-	8,400,000.00	8,400,000.00	07/06/2030	0		0		0
330170029	29		MF	Lake Charles	LA	03/06/2026	7.02000	%	38,984.40	-	7,140,000.00	7,140,000.00	08/06/2030	0		0		0
330170003	3		RT	New York	NY	03/06/2026	6.70000	%	286,611.11	-	55,000,000.00	55,000,000.00	07/06/2030	0		0		0
330170030	30		MH	Various	XX	03/06/2026	7.04000	%	30,936.89	-	5,650,000.00	5,650,000.00	07/06/2030	0		0		0
330170031	31		RT	New York	NY	03/06/2026	6.92100	%	22,070.30	-	4,100,000.00	4,100,000.00	07/06/2030	0		0		0
330170004	4		N/A	Washington	DC	03/11/2026	5.43886	%	95,180.07	-	22,500,000.00	22,500,000.00	07/11/2030	0		0		0
330170104	4	A	N/A			03/11/2026	5.43886	%	95,180.07	-	22,500,000.00	22,500,000.00	07/11/2030	0		0		0
330170005	5		SS	Various	XX	03/06/2026	5.87000	%	184,905.00	-	40,500,000.00	40,500,000.00	07/06/2030	0		0		0
330170006	6		MF	Various	NJ	03/06/2026	6.73000	%	183,205.56	-	35,000,000.00	35,000,000.00	05/06/2030	0		0		0


Reports Available at sf.citidirect.com	v. 21.09.28	Page 14 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

MORTGAGE LOAN DETAIL

March 17, 2026


		Prop				Paid					Beginning	Ending		Payment		Workout		Mod
		Type				Through	Gross		Interest	Principal	Scheduled	Scheduled	Maturity	Status		Strategy		Code
Loan ID	OMCR	(1	)	City	State	Date	Coupon		Payment	Payment	Balance	Balance	Date	(2	)	(3	)	(4	)

329831001	7	MF		Brooklyn	NY	03/06/2026	5.91000	%	105,723.33	-	23,000,000.00	23,000,000.00	04/06/2030	0		0		0
330170008	8	MU		Orinda	CA	03/06/2026	6.99700	%	119,726.44	-	22,000,000.00	22,000,000.00	08/06/2030	0		0		0
330170009	9	MF		Myrtle Beach	SC	03/06/2026	6.00000	%	96,600.00	-	20,700,000.00	20,700,000.00	08/06/2030	0		0		0
Total	Count = 35								3,052,780.71	15,679.56	624,608,409.39	624,592,729.83


Reports Available at sf.citidirect.com	v. 21.09.28	Page 15 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

NOI DETAIL

March 17, 2026


			Property			Ending	Preceding	Most	Most Recent	Most Recent
			Type			Scheduled	Fiscal	Recent	Financial As of	Financial Asof
Loan ID	OMCR		(1)	City	State	Balance	Year NOI	NOI	Start Date	End Date

330170001	1		N/A	Various	XX	38,623,965.50	84,349,368.96	84,349,368.96	Not Available	Not Available
883101363	10		LO	New Orleans	LA	20,000,000.00	20,303,668.05	20,303,668.05	Not Available	Not Available
330170011	11		RT	Poinciana	FL	20,000,000.00	4,268,125.52	4,268,125.52	Not Available	Not Available
330170012	12		MU	New York	NY	18,650,000.00	2,292,061.32	2,292,061.32	Not Available	Not Available
330170013	13		N/A	Various	XX	18,000,000.00	2,519,853.81	2,519,853.81	Not Available	Not Available
330170014	14		MF	New York	NY	18,000,000.00	1,392,013.08	1,392,013.08	Not Available	Not Available
330170015	15		LO	Madeira Beach	FL	17,250,000.00	2,442,408.00	2,442,408.00	Not Available	Not Available
301271940	16		OF	Sacramento	CA	16,700,000.00	2,159,862.66	2,159,862.66	Not Available	Not Available
330170017	17		SS	Passaic	NJ	13,000,000.00	1,095,775.43	1,095,775.43	Not Available	Not Available
330170018	18		OF	Clayton	MO	12,402,729.83	7,450,887.28	7,450,887.28	Not Available	Not Available
330170019	19		SS	Seven Fields	PA	10,600,000.00	963,278.67	963,278.67	Not Available	Not Available
330170101	1	A	N/A			6,376,034.50	-	-	Not Available	Not Available
330170201	1	B	N/A			12,874,655.05	-	-	Not Available	Not Available
330170301	1	C	N/A			2,125,344.95	-	-	Not Available	Not Available
330170002	2		MU	New York	NY	56,500,000.00	16,306,043.18	16,306,043.18	Not Available	Not Available
330170020	20		MU	Yonkers	NY	10,300,000.00	1,246,735.56	1,246,735.56	Not Available	Not Available
330170021	21		OF	Stamford	CT	10,000,000.00	15,821,208.31	15,821,208.31	Not Available	Not Available
330100002	22		IN	Detroit	MI	10,000,000.00	8,287,574.44	8,287,574.44	Not Available	Not Available
330170023	23		MU	New York	NY	10,000,000.00	898,973.75	898,973.75	Not Available	Not Available
330170024	24		IN	Houston	TX	10,000,000.00	1,025,599.21	1,025,599.21	Not Available	Not Available
695101719	25		MU	Brooklyn	NY	9,500,000.00	7,318,388.00	7,318,388.00	Not Available	Not Available
330170026	26		SS	Spokane Valley	WA	8,700,000.00	796,744.30	796,744.30	Not Available	Not Available
330170027	27		MF	Cedar City	UT	8,500,000.00	810,375.61	810,375.61	Not Available	Not Available
330170028	28		LO	Orlando	FL	8,400,000.00	1,553,339.78	1,553,339.78	Not Available	Not Available
330170029	29		MF	Lake Charles	LA	7,140,000.00	743,097.58	743,097.58	Not Available	Not Available
330170003	3		RT	New York	NY	55,000,000.00	5,275,155.74	5,275,155.74	Not Available	Not Available
330170030	30		MH	Various	XX	5,650,000.00	570,812.80	570,812.80	Not Available	Not Available
330170031	31		RT	New York	NY	4,100,000.00	399,524.36	399,524.36	Not Available	Not Available
330170004	4		N/A	Washington	DC	22,500,000.00	108,102,893.70	108,102,893.70	Not Available	Not Available
330170104	4	A	N/A			22,500,000.00	-	-	Not Available	Not Available
330170005	5		SS	Various	XX	40,500,000.00	3,247,504.77	3,247,504.77	Not Available	Not Available
330170006	6		MF	Various	NJ	35,000,000.00	3,266,224.19	3,266,224.19	Not Available	Not Available
Reports Available at sf.citidirect.com			v. 21.09.28			Page 16 of 31			© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

NOI DETAIL

March 17, 2026


		Property				Ending	Preceding	Most	Most Recent	Most Recent
		Type				Scheduled	Fiscal	Recent	Financial As of	Financial Asof
Loan ID	OMCR	(1	)	City	State	Balance	Year NOI	NOI	Start Date	End Date

329831001	7	MF		Brooklyn	NY	23,000,000.00	6,763,382.00	6,763,382.00	Not Available	Not Available
330170008	8	MU		Orinda	CA	22,000,000.00	2,389,232.42	2,389,232.42	Not Available	Not Available
330170009	9	MF		Myrtle Beach	SC	20,700,000.00	1,562,368.03	1,562,368.03	Not Available	Not Available
Total	Count = 35					624,592,729.83	315,622,480.51	315,622,480.51


Reports Available at sf.citidirect.com	v. 21.09.28	Page 17 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

DELINQUENCY LOAN DETAIL

March 17, 2026

Actual

Paid

Current P&I

Total P&I

Cumulative

Other Expense

Payment Workout

Most Recent

Principal

Through

Advances

Accrued Unpaid

Advances

Status

Strategy

Special Serv

Foreclosure

Bankruptcy

REO

Loan ID

OMCR

Balance

Date

(Net of ASER)

Outstanding

Interest Advances

Outstanding

)

Transfer Date

Date

330170027

8,500,000.00

02/06/2026

43,468.06

43,451.53

85.37


Reports Available at sf.citidirect.com	v. 21.09.28	Page 18 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

COLLATERAL PERFORMANCE - DELINQUENCY AND LOAN STATUS DETAIL

–

March 17, 2026


							Delinquent
					(Does not include loans in Bankruptcy, Foreclosure, or REO)

			30	Day			60	Day			90	Day	120			+ Day	Bankruptcy				Foreclosure						REO

Distribution

Date	Count		Balance		Count		Balance		Count		Balance		Count		Balance		Count		Balance		Count		Balance		Count			Balance


	0		0		0		0		0		0		0		0		0		0		0		0		0			0
03/17/2026
	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%		0.0	%

	0		0		0		0		0		0		0		0		0		0		0		0		0			0
02/18/2026
	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%		0.0	%

	1		8,500,000		0		0		0		0		0		0		0		0		0		0		0			0
01/16/2026
	2.9	%	1.4	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%		0.0	%

	0		0		0		0		0		0		0		0		0		0		0		0		0			0
12/17/2025
	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%		0.0	%

	0		0		0		0		0		0		0		0		0		0		0		0		0			0
11/18/2025
	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%		0.0	%

	1		8,500,000		0		0		0		0		0		0		0		0		0		0		0			0
10/20/2025
	2.9	%	1.4	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%		0.0	%

	0		0		0		0		0		0		0		0		0		0		0		0		0			0
09/17/2025
	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%		0.0	%


Reports Available at sf.citidirect.com	v. 21.09.28	Page 19 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

APPRAISAL REDUCTION DETAIL

March 17, 2026


			Beginning	Ending	Appraisal	Appraisal	Most Recent	Cumulative
Loan ID	OMCR	Property Name	Scheduled Balance	Scheduled Balance	Reduction Amount	Reduction Date	ASER Amount	ASER Amount

No Loans with Appraisal Reduction Activity.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 20 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

HISTORICAL APPRAISAL REDUCTION DETAIL

March 17, 2026


Distribution				Beginning	Ending	Appraisal	Appraisal	Most Recent	Cumulative
Date	Loan ID	OMCR	Property Name	Scheduled Balance	Scheduled Balance	Reduction Amount	Reduction Date	ASER Amount	ASER Amount

No Loans with Appraisal Reduction Activity.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 21 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

LOAN MODIFICATION DETAIL

March 17, 2026


			Modification	Modification
Loan ID	OMCR	Property Name	Date	Code (4)

No Loans with Modification Activity to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 22 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

HISTORICAL LOAN MODIFICATION DETAIL

March 17, 2026


Distribution				Modification	Modification
Date	Loan ID	OMCR	Property Name	Date	Code (4)

No Loans with Modification Activity to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 23 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

SPECIALLY SERVICED LOAN DETAIL

March 17, 2026


			Special Servicing	Ending	Ending	Most	Most Recent	Most Recent	Most Recent
		Workout	Fee Amount	Scheduled	Actual	Recent	Valuation	Special Servicer	Master Servicer
Loan ID	OMCR	Strategy (3)	Plus Adjustments	Balance	Balance	Value	Date	Transfer Date	Return Date

No Loans Specially Serviced to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 24 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

HISTORICAL SPECIALLY SERVICED LOANS

March 17, 2026


				Special Servicing	Ending	Ending	Most	Most Recent	Most Recent	Most Recent
Distribution			Workout	Fee Amount	Scheduled	Actual	Recent	Valuation	Special Servicer	Master Servicer
Date	Loan ID	OMCR	Strategy (3)	Plus Adjustments	Balance	Balance	Value	Date	Transfer Date	Return Date

No Loans Specially Serviced to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 25 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

UNSCHEDULED PRINCIPAL DETAIL

March 17, 2026


		Liquidation /	Liquid / Prepay	Principal	Principal	Prepayment Interest	Prepayment	Yield Maintenance
Loan ID	OMCR	Prepayment Date	Code (5)	Collections	Adjustments	Excess / (Shortfall)	Penalties (PPP)	Penalties (YM)

No Loans with Unscheduled Principal Activity to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 26 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

HISTORICAL UNSCHEDULED PRINCIPAL DETAIL

March 17, 2026


Distribution			Liquidation /	Liquid / Prepay	Principal	Principal	Prepayment Interest	Prepayment	Yield Maintenance
Date	Loan ID	OMCR	Prepayment Date	Code (5)	Collections	Adjustments	Excess / (Shortfall)	Penalties (PPP)	Penalties (YM)

No Loans with Unscheduled Principal Activity to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 27 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

LIQUIDATED LOAN DETAIL

March 17, 2026


		Beginning	Most	Liquidation	Net		Net	Realized	Date of		Loss with
		Scheduled	Recent	Sales	Proceeds	Liquidation	Proceeds	Loss to	Current	Current Cumulative	Cumulative
Loan ID	OMCR	Balance	Value	Price	Received	Expense	Available	Trust	Adj. to Loan	Adj. to Loan Adj. to Loan	Adj. to Trust

No Loans liquidated to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 28 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

HISTORICAL LIQUIDATED LOAN

March 17, 2026


		Beginning	Most	Liquidation	Net		Net	Realized	Date of		Loss with
Distribution		Scheduled	Recent	Sales	Proceeds	Liquidation	Proceeds	Loss to	Current	Current Cumulative	Cumulative
Date	Loan ID OMCR	Balance	Value	Price	Received	Expense	Available	Trust	Adj. to Loan	Adj. to Loan Adj. to Loan	Adj. to Trust

No Loans liquidated to Report.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 29 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

CREFC® INVESTOR REPORTING PACKAGE LEGENDS

March 17, 2026


1\|CREFC Investor Reporting Package Legends
	Property Type (1)		Workout Strategy (3)		Liquidation/Prepayment Code (5)

MF	Multifamily	1	Modification	1	Partial Liquidation (Curtailment)
RT	Retail	2	Foreclosure	2	Payoff Prior To Maturity
HC	HealthCare	3	Bankruptcy	3	Disposition / Liquidation
IN	Industrial	4	Extension	4	Repurchase / Substitution
MH	Mobile Home Park	5	Note Sale	5	Full Payoff At Maturity
OF	Office	6	DPO	6	DPO
MU	Mixed Use	7	REO	7	Liquidation prior to 7/1/2006
LO	Lodging	8	Resolved	8	Payoff With Penalty
SS	Self Storage	9	Pending Return to Master Servicer	9	Payoff With Yield Maintenance
SE	Securities	10	Deed In Lieu of Foreclosure	10	Curtailment With Penalty
CH	Cooperative Housing	11	Full Payoff	11	Curtailment With Yield Maintenance
ZZ	Missing Information	12	Reps and Warranties
SF	SF	13	TBD
WH	Warehouse	98	Other
OT	Other

			Modification Code (4)
	Payment Status of Loan (2)
		1	Maturity Date Extension
A	In Grace Period	2	Amortization Change
B	Late, but less than 30 Days	3	Principal Write-Off
0	Current	4	Blank (formerly Combination)
1	30-59 Days Delinquent	5	Temporary Rate Reduction
2	60-89 Days Delinquent	6	Capitalization of Interest
3	90-120 Days Delinquent	7	Capitalization of Taxes
4	Performing Matured Balloon	8	Other
5	Non Performing Matured Balloon	9	Combination
6	121+ Days Delinquent	10	Forbearance


Reports Available at sf.citidirect.com	v. 21.09.28	Page 30 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates, Series 2025-V16

NOTES

March 17, 2026

No Notes available for this deal at this time.


Reports Available at sf.citidirect.com	v. 21.09.28	Page 31 of 31	© Copyright 2026 Citigroup

Benchmark 2025-V16 Mortgage Trust 10-D/A