FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-280318-01

From: Spg Syndicate Jpm (JP MORGAN SECURITIES) <sjpm2@bloomberg.net>
Sent: Monday, February 3, 2025 9:53 AM
Subject: ★NEW ISSUE ANNOUNCEMENT★ $591.699MM BANK5 2025-5YR13 **PUBLIC CMBS**

BANK5 2025-5YR13 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2025-5YR13

JOINT BOOKRUNNERS & CO-LEAD MANAGERS : J.P. MORGAN SECURITIES LLC, BofA Securities, Inc., WELLS FARGO SECURITIES, LLC, MORGAN STANLEY & CO. LLC

CO-MANAGERS : DREXEL HAMILTON, LLC, ACADEMY SECURITIES, INC.

RATING AGENCIES : FITCH/KBRA/MOODYS

OFFERING TYPE : SEC-REGISTERED

***OFFERED CERTIFICATES - PUBLIC***

CLS	RATINGS	SIZE	WAL		CERT	CERT	CERT NOI
	(F/K/M)	($MM)	(YR)	P.WIN	C/E	LTV	DEBT YLD
A-1	AAA/AAA/Aaa	2.050	2.52	1-54	30.000%	40.2%	18.4%
A-2	AAA/AAA/Aaa	*	*	*	30.000%	40.2%	18.4%
A-3	AAA/AAA/Aaa	*	*	*	30.000%	40.2%	18.4%
A-S	AAA/AAA/Aa2	66.522	4.97	60-60	20.500%	45.6%	16.2%
B	AA-/AA/NR	35.012	4.97	60-60	15.500%	48.5%	15.3%

*CLASS	EXPECTED RANGE OF BALANCE	EXPECTED RANGE OF WALs	EXPECTED P. WIN
	($MM)	(YR)
A-2	0.000-200.000	NAP–4.79	NAP / 54-59
A-3	288.115–488.115	4.90–4.86	59-60 / 54-60

COLLATERAL SUMMARY
CUT-OFF DATE BALANCE :	$737,090,260
NUMBER OF LOANS :	31
NUMBER OF PROPERTIES :	59
WA CUT-OFF LTV :	57.4%
WA MATURITY LTV :	57.2%
WA U/W NCF DSCR :	1.81x
WA U/W NOI DEBT YIELD :	12.9%
TOP TEN LOANS % :	64.7%
WA TERM TO MATURITY (MOS) :	60
WA REMAINING AMORTIZATION TERM (MOS) :	359
WA SEASONING (MOS) :	1
TOP 5 PROPERTY TYPES :	HOSPITALITY (27.4%), OFFICE(20.4%), RETAIL(19.2%), SELF STORAGE (13.5%), MIXED USE(7.9%)
TOP 5 STATES :	NY (32.4%), CA (18.2%), VA (9.1%), NC (8.5%), IN (8.5%)
LOAN SELLERS :	JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (21.0%), BANK OF AMERICA, NATIONAL ASSOCIATION (30.6%), WELLS FARGO BANK, NATIONAL ASSOCIATION (24.9%) and MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS LLC (23.4%)
U.S. RISK RETENTION :	JPMCB IS EXPECTED TO ACT AS THE “RETAINING SPONSOR” AND INTENDS TO SATISFY THE U.S. CREDIT RISK RETENTION REQUIREMENT VIA RETENTION OF AN “ELIGIBLE VERTICAL INTEREST” BY JPMCB, BANK OF AMERICA, WELLS FARGO AND MORGAN STANLEY.
EU RISK RETENTION :	THE TRANSACTION IS NOT STRUCTURED TO SATISFY THE EU RISK RETENTION AND DUE DILIGENCE REQUIREMENTS
MASTER SERVICER :	WELLS FARGO BANK, NATIONAL ASSOCIATION
SPECIAL SERVICER :	K-STAR ASSET MANAGEMENT LLC
OPERATING ADVISOR :	PENTALPHA SURVEILLANCE LLC
ASSET REPRESENTATIONS REVIEWER :	PENTALPHA SURVEILLANCE LLC
DIRECTING CERTIFICATEHOLDER :	KKR CMBS IIII AGGREGATOR CATEGORY 2 L.P. (OR AN AFFILIATE)
DOCUMENTS & TIMING
TERM SHEET & ANNEX A :	ATTACHED
PRELIMINARY PROSPECTUS :	ATTACHED
PRICE GUIDANCE :	WEEK OF FEBRUARY 3, 2025
ANTICIPATED PRICING :	ON OR ABOUT FEBRUARY 6, 2025
ANTICIPATED SETTLEMENT :	ON OR ABOUT FEBRUARY 25, 2025
JPM SPG SYNDICATE CONTACTS
JENNIFER KORNBLAU	212-834-4154
MORGAN ROACH	212-834-4154
JACQUELINE LARET	212-834-4154
MICHAEL CASH	212-834-4154
JPM CMBS BANKING CONTACTS
KUNAL SINGH	212-834-5467
HARRIS RENDELSTEIN	212-834-6737
RANDY GOLDSTEIN	212-270-2188
JPM CMBS TRADING DESK CONTACTS
AVINASH SHARMA	212-834-3111
BRIAN CAREY	212-834-3111
DERRICK FETZER	212-834-3111
BOFA CMBS BANKING CONTACTS
LELAND BUNCH	646-855-3953
DANIELLE CALDWELL	646-855-3421
WELLS FARGO CMBS SYNDICATE CONTACTS
CHRISTIE TINTLE	704-410-3008
DANIEL BOXER	704-410-3008
WELLS FARGO CMBS BANKING CONTACTS
A.J. SFARRA	212-214-5613
BRIGID MATTINGLY	312-269-3062
SEAN DUFFY	312-827-1518
MS CMBS SYNDICATE & STRUCTURING CONTACTS
NISHANT KAPUR	212-761-1483
JAS SINGH	212-761-9099
MS CMBS BANKING CONTACTS
JANE LAM	212-761-3507
JARED SMITH	212-761-3075

-------------------------------------------------------------------------------------------------------

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about

the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 800-408-1016 or by emailing

the ABS Syndicate Desk at abs_synd@jpmorgan.com.

You should not reply to this announcement. Any reply e-mail communications, including those you generate using the “Reply” function on your e-mail software, will be ignored or rejected.

This notice does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation would be unlawful, and does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of securities in any province or

territory of Canada other than the provinces of Ontario, Quebec, Alberta, British Columbia, Nova Scotia and New Brunswick unless the issuer has securities listed or quoted on one of the exchanges or markets referred to in the definition of “OTC Issuer” in Multilateral Instrument 51-105.

Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

No EEA Retail sales/No PRIIPs KID