On November 13, 2026, Benchmark 2026-V24 Mortgage Trust issued Commercial Mortgage Pass-Through Certificates, Series 2026-V24. The transaction was structured by GS Mortgage Securities Corporation II as the Depositor and involves 43 fixed-rate mortgage loans secured by first liens on 74 commercial, multifamily, and manufactured housing properties.
The Certificates were issued in two tranches. The Publicly Offered Certificates had an aggregate initial principal amount of $682,408,000. These were sold to a syndicate of underwriters including Goldman Sachs & Co. LLC, Deutsche Bank Securities Inc., Citigroup Global Markets Inc., BMO Capital Markets Corp., Barclays Capital Inc., Academy Securities, Inc., and Drexel Hamilton, LLC.
The Privately Offered Certificates had an aggregate initial principal amount of $76,877,979. These were sold to the same group of underwriters acting as Initial Purchasers in transactions exempt from registration under the Securities Act of 1933.
The total net proceeds to the Depositor, after deducting issuance and distribution expenses of approximately $4,704,228, were approximately $761,513,773. The Certificates represent the entire beneficial ownership of the Issuing Entity, a common law trust fund formed under New York law.
Argentic Real Estate Finance 2 LLC served as the Retaining Sponsor to satisfy credit risk retention obligations under Regulation RR. The Sponsor retained an eligible vertical interest representing approximately 2.4750% of the initial certificate balance and an eligible horizontal residual interest in the form of Class F-RR and Class G-RR certificates, with a total fair value of approximately $19,524,959.