FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-206361-13

-----Original Message-----

From: Spg Syndicate Jpm (JP MORGAN SECURITIES) [mailto:sjpm2@bloomberg.net]

Sent: Friday, February 9, 2018 3:28 PM

Subject: ★PRICING DETAILS★ $1.341BN BMARK 2018-B2 PUBLIC CMBS

BENCHMARK COMMERCIAL MORTGAGE SECURITIES TRUST 2018-B2 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2018-B2

JOINT BOOKRUNNERS: J.P. MORGAN SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., CITIGROUP GLOBAL MARKETS INC.

CO-LEAD MANAGERS: J.P. MORGAN SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., CITIGROUP GLOBAL MARKETS INC.

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

RATING AGENCIES: S&P/FITCH/KBRA

OFFERING TYPE: SEC-REGISTERED

***OFFERED CERTIFICATES - PUBLIC***

CLS	RATINGS	SIZE	WAL	CERT	CERT	SPD	CPN	YLD	$PX
	(S/F/K)	($MM)	(YR)	P.WIN	C/E		(%)	(%)
A-1	AAA/AAA/AAA	29.604	2.52	03/18-06/22	30.000%	+22	2.6464	2.6181	99.9998
A-2	AAA/AAA/AAA	341.798	4.82	06/22-02/23	30.000%	+38	3.6623	2.9808	102.9999
A-3	AAA/AAA/AAA	60.000	6.80	12/24-12/24	30.000%	+67	3.5439	3.3801	100.9998
A-4	AAA/AAA/AAA	125.000	9.58	03/27-11/27	30.000%	+68	3.6147	3.4998	100.9997
A-5	AAA/AAA/AAA	444.175	9.83	11/27-01/28	30.000%	+70	3.8819	3.5283	102.9995
A-SB	AAA/AAA/AAA	54.333	7.11	02/23-03/27	30.000%	+58	3.7802	3.3047	102.9998
A-S	NR/AAA/AAA	165.771	9.88	01/28-01/28	19.000%	+90	4.0835	3.7301	102.9998
B	NR/AA-/AA-	60.281	9.88	01/28-02/28	15.000%	+105	WAC	3.8801	103.5888
C	NR/A-/A-	60.280	9.97	02/28-02/28	11.000%	+155	WAC	4.3829	99.5600

COLLATERAL SUMMARY
CUT-OFF DATE BALANCE:	$1,507,013,899
NUMBER OF LOANS:	57
NUMBER OF PROPERTIES:	67
WA CUT-OFF LTV:	57.2%
WA MATURITY LTV:	53.0%
WA U/W DSCR:	2.29x
WA U/W NOI DEBT YIELD:	11.2%
TOP TEN LOANS %:	40.9%
WA TERM TO MATURITY (MOS):	104
WA REMAINING AMORTIZATION TERM (MOS):	352
WA SEASONING (MOS):	2
LOAN SELLERS:	GERMAN AMERICAN CAPITAL CORPORATION (38.8%) JPMORGAN CHASE BANK, N.A. (31.1%), CITI REAL ESTATE FUNDING INC. (30.2%)
RISK RETENTION:	AN ELIGIBLE HORIZONTAL RESIDUAL INTEREST EQUAL TO AN ESTIMATED 5% OF FAIR MARKET VALUE WILL BE RETAINED BY MASS MUTUAL LIFE INSURANCE COMPANY
TOP 5 PROPERTY TYPES:	OFFICE (39.1%), HOTEL (18.6%), MULTIFAMILY (16.8%), RETAIL (14.5%), MIXED USE (5.5%).
TOP 5 STATES:	CA (21.0%), NY (9.2%), VA (6.9%), IL (6.9%), FL (6.8%).
MASTER SERVICER:	KEYBANK NATIONAL ASSOCIATION
SPECIAL SERVICER:	CWCAPITAL ASSET MANAGEMENT LLC
OPERATING ADVISOR:	PENTALPHA SURVEILLANCE LLC ASSET REPRESENTATIONS REVIEWER: PENTALPHA SURVEILLANCE LLC
DIRECTING CERTIFICATEHOLDER:	BARINGS LLC
DOCUMENTS & TIMING
TERM SHEET, ANNEX A:	AVAILABLE
PRELIMINARY PROSPECTUS:	AVAILABLE
ANTICIPATED PRICING:	PRICED
ANTICIPATED SETTLEMENT:	ON OR ABOUT FEBRUARY 27, 2018
ROADSHOW
HARTFORD, BREAKFAST:	WED 2/7 @ 8:15am EST, Max’s Downtown
BOSTON, LUNCH:	WED 2/7 @ 12.00pm EST, Boston Harbor Hotel
MINNEAPOLIS, BREAKFAST:	THUR 2/8 @ 8:00am CST, Marquette Hotel

JPM SPG SYNDICATE CONTACTS

ANDY CHERNA 212-834-4154

ANUSHA JOLY 212-834-4154

JENNIFER KORNBLAU 212-834-4154

MAGGIE D'ARCY 212-834-4154

JPM CMBS BANKING CONTACT

KUNAL SINGH 212-834-5467

BRADLEY HORN 212-834-9708

JOHN MILLER 212-272-8363

JPM CMBS TRADING DESK CONTACT

ANDY TAYLOR 212-834-3111

AVINASH SHARMA 212-834-3111

DEUTSCHE BANK TRADING DESK CONTACTS

RYAN HORVATH 212-250-5149

DANIEL PENN 212-250-5149

CITIGROUP SYNDICATE DESK CONTACTS:

PAUL VANDERSLICE 212-723-1295

RAUL OROZCO 212-723-1295

MATT PERRY 212-723-1295

The depositor 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 depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-408-1016 or emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.

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IRS CIRCULAR 230 NOTICE: THE INFORMATION PROVIDED HEREIN IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING U.S. FEDERAL, STATE OR LOCAL TAX PENALTIES. THE INFORMATION PROVIDED HEREIN IS WRITTEN AND PROVIDED BY J.P. MORGAN SECURITIES LLC IN CONNECTION WITH THE PROMOTION OR MARKETING OF THE TRANSACTIONS OR MATTERS ADDRESSED HEREIN. INVESTORS SHOULD SEEK ADVICE BASED ON THEIR PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR.

This announcement (which includes the attached PDF files) shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities referenced in this announcement in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or other jurisdiction.

The distribution of materials relating to the offering, and the transactions contemplated by the offering, may be restricted by law in certain jurisdictions. If materials relating to the offering come into your possession, you are required by the issuer to inform yourself of and to observe all of these restrictions. The materials relating to the offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the underwriters or any affiliate of the underwriters is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the underwriters or such affiliate on behalf of the Issuer in this jurisdiction.

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No EEA Retail sales/No PRIIPs KID.

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