UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 10-D

ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from: ~~October~~November 3019, 2025 to ~~November~~December 1817, 2025

Commission File Number of issuing entity: 333-286173-02

Central Index Key Number of issuing entity: 0002089470

Benchmark 2025-V18 Mortgage Trust
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-286173

Central Index Key Number of depositor: 0001004158

GS Mortgage Securities Corporation II
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001541502

Goldman Sachs Mortgage Company
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001541294

German American Capital Corporation
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001701238

Citi Real Estate Funding Inc.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0000927971

Bank of Montreal
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001549574

Barclays Capital Real Estate Inc.
(Exact name of sponsor as specified in its charter)

Scott Epperson (212) 902-1000
(Name and telephone number, including area code, of the person to contact in connection with this filing)

New York
(State or other jurisdiction of incorporation or organization of the issuing entity)

38-4369420
38-4369421
(I.R.S. Employer Identification No.)

c/o Computershare Trust Company, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)

(667) 786-1992
(Telephone number, including area code)

Not Applicable
(Former name, former address, if changed since last report)

Registered/reporting pursuant to (check one)

Title of Class	Section 12(b)	Section 12(g)	Section 15(d)	Name of Exchange (If Section 12(b))
A-1			X
A-2			X
A-3			X
X-A			X
X-B			X
A-S			X
B			X
C			X

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No

Part I - DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

On ~~November~~December 1817, 2025 a distribution was made to holders of the certificates issued by Benchmark 2025-V18 Mortgage Trust.

The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.

NoThe ~~assets~~following ~~securitized~~table bypresents GSthe ~~Mortgage~~loss ~~Securities~~information ~~Corporation~~for ~~II (~~the ~~"Depositor")~~trust ~~and~~assets ~~held~~for bythe Benchmark 2025-V18 Mortgage Trust in ~~were~~accordance ~~the~~with ~~subject~~Item of1100(b) aas ~~demand~~required toby ~~repurchase~~Item ~~for~~1121(a)(9) ~~breach~~ of ~~the~~Regulation ~~representations~~AB: ~~and warranties contained in the underlying transaction documents during the distribution period from October 30, 2025 to November 18, 2025.~~

TheLoss DepositorInformation hasas filedreported a Form ABS-15G on FebruaryDecember 1217, 2025. The CIK number of the Depositor is 0001004158.

Goldman Sachs Mortgage Company ("GSMC"), one of the sponsors, has filed a Form ABS-15G on November 14, 2025. The CIK number of GSMC is 0001541502.

Number of Delinquencies 30+ days	% of Delinquencies 30+ days by Pool Balance	Number of Loans/REOs with Losses	Average Net Loss
1	2.09%	0	N/A

~~German~~No ~~American~~assets ~~Capital~~securitized by GS Mortgage Securities Corporation II (the "~~GACC~~Depositor"), ~~one~~and held by Benchmark 2025-V18 Mortgage Trust were the subject of a demand to repurchase for breach of the ~~sponsors,~~representations ~~has~~and ~~filed~~warranties acontained ~~Form~~in ~~ABS-15G~~the onunderlying ~~February~~transaction 13documents during the distribution period from November 19, 2025. ~~The~~to ~~CIK~~December ~~number~~17, ~~of GACC is 0001541294~~2025.

~~Citi~~The ~~Real~~Depositor ~~Estate Funding Inc. ("CREF"), one of the sponsors,~~ has filed a Form ABS-15G on February 1312, 2025. The CIK number of ~~CREF~~ the Depositor is ~~0001701238~~0001004158. There is no new activity to report at this time.

~~Bank~~Goldman ofSachs ~~Montreal~~Mortgage Company ("GSMC"), one of the sponsors, has filed a Form ABS-15G on ~~February~~November 1214, 2025. The CIK number of ~~Bank~~GSMC is of0001541502. ~~Montreal~~ There is ~~0000927971~~no new activity to report at this time.

~~Barclays~~German American Capital ~~Real Estate Inc.~~Corporation ("GACC"), one of the sponsors, has filed a Form ABS-15G on February 13, 2025. The CIK number of ~~Barclays~~GACC is ~~Capital~~0001541294. ~~Real~~There ~~Estate Inc.~~ is ~~0001549574~~no new activity to report at this time.

~~Item~~Citi 1AReal Estate Funding Inc. ("CREF"), ~~Asset~~one of the sponsors, has filed a Form ABS-~~Level~~15G ~~Information~~on February 13, 2025. The CIK number of CREF is 0001701238. There is no new activity to report at this time.

~~ABS~~Bank ~~Asset~~of ~~Data~~Montreal, ~~File~~one ~~(filed~~of asthe ~~Exhibit~~sponsors, ~~102~~has tofiled ~~the~~a ~~registrant's~~ Form ABS-EE15G ~~filed~~ on ~~November~~February 2812, 2025. The CIK number of ~~under~~Bank ~~Commission~~of ~~File~~Montreal is No0000927971. ~~333-286173-02~~There ~~and~~is ~~incorporated~~no bynew ~~reference~~activity ~~herein).~~to report at this time.

~~ABS~~Barclays ~~Asset~~Capital ~~Related~~Real ~~Document~~Estate ~~(filed~~Inc., asone ~~Exhibit~~of ~~103~~the tosponsors, ~~the~~has ~~registrant's~~filed a Form ABS-EE15G ~~filed~~ on ~~November~~February 2813, 2025. The CIK number of ~~under~~Barclays ~~Commission~~Capital ~~File~~Real NoEstate Inc. is ~~333-286173-02~~0001549574. ~~and~~There ~~incorporated~~is byno ~~reference~~new ~~herein).~~activity to report at this time.

~~Part~~Item II1A. Asset-Level ~~OTHER~~Information. ~~INFORMATION~~

~~Item~~ABS 9Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on December 29, 2025 under Commission File No. ~~Other~~333-286173-02 ~~Information~~and incorporated by reference herein).

~~Trimont~~ABS ~~LLC,~~Asset inRelated ~~its~~Document ~~capacity~~(filed as ~~Master~~Exhibit ~~Servicer~~103 ~~for~~to ~~Benchmark~~the ~~2025~~registrant's Form ABS-~~V18~~EE ~~Mortgage~~filed ~~Trust~~on December 29, ~~affirms~~2025 under ~~the~~Commission ~~following~~File ~~amounts~~No. in333-286173-02 ~~the~~and ~~respective~~incorporated ~~accounts:~~by reference herein).

Collection Account
Prior Distribution Date	N/A	N/A
Current Distribution Date	11/18/2025	$0.00

Part II - OTHER INFORMATION

REO Account
Prior Distribution Date	N/A	N/A
Current Distribution Date	11/18/2025	$0.00

Item 9. Other Information.

~~Computershare~~Trimont ~~Trust Company~~LLC, ~~N.A.,~~ in its capacity as ~~Certificate~~Master ~~Administrator~~Servicer for Benchmark 2025-V18 Mortgage Trust, affirms the following amounts in the respective accounts:

Distribution Account
Collection Account
Prior Distribution Date	N11/A18/2025	~~N/A~~$0.00
Current Distribution Date	1112/1817/2025	$~~8,115~~0.4300

Interest Reserve Account
REO Account
Prior Distribution Date	N11/A18/2025	~~N/A~~$0.00
Current Distribution Date	1112/1817/2025	$0.00

Gain-on-Sale Reserve Account
Prior Distribution Date	N/A	N/A
Current Distribution Date	11/18/2025	$0.00

Computershare Trust Company, N.A., in its capacity as Certificate Administrator for Benchmark 2025-V18 Mortgage Trust, affirms the following amounts in the respective accounts:

Item 10. Exhibits.

Distribution Account
Prior Distribution Date	11/18/2025	$8,115.43
Current Distribution Date	12/17/2025	$15,968.78

(a) The following is a list of documents filed as part of this Report on Form 10-D:

Interest Reserve Account
Prior Distribution Date	11/18/2025	$0.00
Current Distribution Date	12/17/2025	$0.00

(99.1) Monthly report distributed to holders of the certificates issued by Benchmark 2025-V18 Mortgage Trust, relating to the November 18, 2025 distribution.

Gain-on-Sale Reserve Account
Prior Distribution Date	11/18/2025	$0.00
Current Distribution Date	12/17/2025	$0.00

~~(102)~~Item ~~ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on November 28, 2025 under Commission File No~~10. ~~333-286173-02 and incorporated by reference herein)~~Exhibits.

(~~103~~a) ~~ABS~~The ~~Asset~~following ~~Related~~is ~~Document~~a ~~(filed~~list asof ~~Exhibit~~documents ~~103~~filed toas ~~the~~part ~~registrant's~~of ~~Form~~this ~~ABS-EE~~Report ~~filed~~ on ~~November~~Form ~~28, 2025 under Commission File No. 333~~10-~~286173-02~~D: ~~and incorporated by reference herein).~~

(b99.1) ~~The~~ Monthly ~~exhibits~~report ~~required~~distributed to beholders ~~filed~~of the certificates issued by ~~the~~Benchmark ~~Registrant~~2025-V18 ~~pursuant~~Mortgage toTrust, ~~this~~relating ~~Form~~to ~~are~~the ~~listed~~December ~~above~~17, 2025 distribution.

~~SIGNATURES~~(102) ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on December 29, 2025 under Commission File No. 333-286173-02 and incorporated by reference herein).

~~Pursuant~~(103) to ABS ~~the~~Asset ~~requirements~~Related ofDocument ~~the~~(filed ~~Securities~~as ~~Exchange~~Exhibit ~~Act~~103 ofto ~~1934,~~ the registrant's ~~has~~Form ~~duly~~ABS-EE ~~caused~~filed ~~this~~on ~~report~~December to29, be2025 ~~signed~~under onCommission ~~its~~File ~~behalf~~No. by333-286173-02 ~~the~~and ~~undersigned~~incorporated ~~thereunto~~by ~~duly~~reference ~~authorized~~herein).

GS(b) ~~Mortgage~~The ~~Securities~~exhibits ~~Corporation~~required ~~II(Depositor)~~to be filed by the Registrant pursuant to this Form are listed above.

~~/s/ Scott EppersonScott Epperson, Chief Executive Officer~~SIGNATURES

~~Date: November~~Pursuant 28to the requirements of the Securities Exchange Act of 1934, ~~2025~~the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

GS Mortgage Securities Corporation II
(Depositor)

/s/ Scott Epperson
Scott Epperson, Chief Executive Officer

Date: December 29, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549

FORM 10-D

ASSET BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Registered/reporting pursuant to (check one)

TheLoss DepositorInformation hasas filedreported a Form ABS-15G on FebruaryDecember 1217, 2025. The CIK number of the Depositor is 0001004158.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Filing Compare · Benchmark 2025-V18 Mortgage Trust