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: ~~August~~September 1418, 2025 to ~~September~~October 1720, 2025

Commission File Number of issuing entity: 333-283510-02

Central Index Key Number of issuing entity: 0002067195

Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-283510

Central Index Key Number of depositor: 0001005007

Banc of America Merrill Lynch Commercial Mortgage Inc.
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001102113

Bank of America, National Association
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001968416

Argentic Real Estate Finance 2 LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): 0001541557

Morgan Stanley Mortgage Capital Holdings LLC
(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): 0001548405

Starwood Mortgage Capital LLC
(Exact name of sponsor as specified in its charter)

Paul E. Kurzeja (980) 386-8509
(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)

38-4361602
38-4361603
38-7359876
(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-SB			X
A-4			X
A-4-1			X
A-4-2			X
A-4-X1			X
A-4-X2			X
A-5			X
A-5-1			X
A-5-2			X
A-5-X1			X
A-5-X2			X
X-A			X
X-B			X
A-S			X
A-S-1			X
A-S-2			X
A-S-X1			X
A-S-X2			X
B			X
B-1			X
B-2			X
B-X1			X
B-X-2			X
C			X
C-1			X
C-2			X
C-X1			X
C-X2			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 ~~September~~October 1720, 2025 a distribution was made to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35.

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 ~~Banc~~the ofloss ~~America~~information ~~Merrill~~for ~~Lynch Commercial Mortgage Inc. (~~the ~~"Depositor")~~trust ~~and~~assets ~~held~~for bythe Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35 ~~were~~in ~~the~~accordance ~~subject~~with ofItem a1100(b) ~~demand~~as torequired ~~repurchase~~by orItem ~~replace~~1121(a)(9) ~~for breach~~ of ~~the~~Regulation ~~representations~~AB: ~~and warranties during the monthly distribution period from August 14, 2025 to September 17, 2025.~~

TheLoss DepositorInformation filedas itsreported most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Securities Exchange Act of 1934 (a "Rule 15Ga-1 Form ABS-15G") on AugustOctober 820, 2025. The CIK number for the Depositor is 0001005007.

Bank of America, National Association ("Bank of America") one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on August 8, 2025. The Central Index Key number for Bank of America is 0001102113.

Number of Delinquencies 30+ days	% of Delinquencies 30+ days by Pool Balance	Number of Loans/REOs with Losses	Average Net Loss
1	0.74%	0	N/A

~~Argentic~~No ~~Real~~assets ~~Estate~~securitized ~~Finance~~by 2Banc ~~LLC one~~ of America Merrill Lynch Commercial Mortgage Inc. (the ~~sponsors,~~"Depositor") ~~most~~and ~~recently~~held ~~filed~~by aMorgan ~~Rule~~Stanley ~~15Ga-1~~Bank ~~Form~~of ~~ABS-15G~~America onMerrill ~~January~~Lynch ~~17,~~Trust 2025.-C35 were ~~The~~the ~~Central~~subject ~~Index~~of ~~Key~~a ~~number~~demand to repurchase or replace for ~~Argentic~~ ~~Real~~breach ~~Estate~~of ~~Finance~~the 2representations ~~LLC~~and warranties during the monthly distribution period from September 18, 2025 isto ~~0001968416~~October 20, 2025.

~~Morgan~~The ~~Stanley~~Depositor ~~Mortgage~~filed ~~Capital~~its ~~Holdings~~most ~~LLC ("Morgan~~recent ~~Stanley") one~~Form ofABS-15G in accordance with Rule 15Ga-1 under the ~~sponsors,~~Securities ~~most~~Exchange ~~recently~~Act ~~filed~~of 1934 (a "Rule 15Ga-1 Form ABS-15G") on August 128, 2025. The ~~Central~~CIK ~~Index Key~~ number for ~~Morgan~~ ~~Stanley~~ the Depositor is ~~0001541557~~ 0001005007.

~~Citi~~Bank ~~Real~~of ~~Estate~~America, ~~Funding~~National ~~Inc.~~Association ("~~CREF~~Bank of America") one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on ~~February~~August 138, 2025. The Central Index Key number for ~~CREF~~Bank of America is ~~0001701238~~0001102113.

~~Starwood~~Argentic ~~Mortgage~~Real ~~Capital~~Estate Finance 2 LLC one of the sponsors, most recently filed a Rule 15Ga-1 Form ABS-15G on January 2317, 2025. The Central Index Key number for ~~Starwood~~Argentic ~~Mortgage~~Real ~~Capital~~Estate Finance 2 LLC is ~~0001548405~~0001968416.

~~Item~~Morgan ~~1A.~~Stanley ~~Asset~~Mortgage Capital Holdings LLC ("Morgan Stanley") one of the sponsors, most recently filed a Rule 15Ga-~~Level~~1 ~~Information~~Form ABS-15G on August 12, 2025. The Central Index Key number for Morgan Stanley is 0001541557.

~~ABS~~Citi ~~Asset~~Real ~~Data~~Estate ~~File~~Funding Inc. (~~filed~~"CREF") one asof ~~Exhibit~~the ~~102~~sponsors, tomost ~~the~~recently ~~registrant's~~filed a Rule 15Ga-1 Form ABS-EE15G ~~filed~~ on ~~September~~February 3013, 2025 ~~under Commission File No~~. ~~333-283510-02~~The ~~and~~Central ~~incorporated~~Index byKey ~~reference~~number ~~herein)~~for CREF is 0001701238.

~~ABS~~Starwood ~~Asset~~Mortgage ~~Related~~Capital ~~Document~~LLC one ~~(filed~~of asthe ~~Exhibit~~sponsors, ~~103~~most torecently ~~the~~filed ~~registrant's~~a Rule 15Ga-1 Form ABS-EE15G ~~filed~~ on ~~September~~January 3023, 2025 ~~under~~. ~~Commission~~The ~~File~~Central ~~No.~~Index ~~333-283510-02~~Key ~~and~~number ~~incorporated~~for Starwood byMortgage ~~reference~~Capital ~~herein)~~LLC is 0001548405.

~~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 October 29, 2025 under Commission File No. ~~Other~~333-283510-02 ~~Information~~and incorporated by reference herein).

~~Midland~~ABS ~~Loan~~Asset ~~Services,~~Related ADocument ~~Division~~(filed ofas ~~PNC~~Exhibit ~~Bank,~~103 ~~National~~to ~~Association,~~the inregistrant's ~~its~~Form ~~capacity~~ABS-EE asfiled ~~Master~~on ~~Servicer~~October ~~for~~29, ~~Morgan~~2025 under ~~Stanley~~Commission ~~Bank~~File ofNo. ~~America Merrill Lynch Trust 2025~~333-~~C35,~~283510-02 ~~affirms~~and ~~the~~incorporated ~~following~~by ~~amounts~~reference inherein). ~~the respective accounts:~~

Collection Account
Prior Distribution Date	N/A	N/A
Current Distribution Date	09/17/2025	$0.00

Part II - OTHER INFORMATION

REO Account
Prior Distribution Date	N/A	N/A
Current Distribution Date	09/17/2025	$0.00

Item 9. Other Information.

~~Computershare~~Midland ~~Trust~~Loan ~~Company~~Services, N.A. Division of PNC Bank, National Association, in its capacity as ~~Certificate~~Master ~~Administrator~~Servicer for Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35, affirms the following amounts in the respective accounts:

Distribution Account
Collection Account
Prior Distribution Date	N09/A17/2025	~~N/A~~$0.00
Current Distribution Date	0910/1720/2025	$82,~~117~~500.4300

Interest Reserve Account
REO Account
Prior Distribution Date	N09/A17/2025	~~N/A~~$0.00
Current Distribution Date	0910/1720/2025	$0.00

Excess Liquidation Proceeds Reserve Account
Prior Distribution Date	N/A	N/A
Current Distribution Date	09/17/2025	$0.00

Computershare Trust Company, N.A., in its capacity as Certificate Administrator for Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35, affirms the following amounts in the respective accounts:

Item 10. Exhibits.

Distribution Account
Prior Distribution Date	09/17/2025	$8,117.43
Current Distribution Date	10/20/2025	$7,854.15

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

Interest Reserve Account
Prior Distribution Date	09/17/2025	$0.00
Current Distribution Date	10/20/2025	$0.00

(99.1) Monthly report distributed to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35, relating to the September 17, 2025 distribution.

Excess Liquidation Proceeds Reserve Account
Prior Distribution Date	09/17/2025	$0.00
Current Distribution Date	10/20/2025	$0.00

~~(102) ABS~~Item ~~Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on September 30, 2025 under Commission File No~~10. ~~333-283510-02 and incorporated by reference herein)~~Exhibits.

(~~103~~a) ~~ABS~~ ~~Asset~~The ~~Related~~following ~~Document~~is ~~(filed~~a aslist ~~Exhibit~~of ~~103~~documents tofiled ~~the~~as ~~registrant's~~part ~~Form~~of ~~ABS-EE~~this ~~filed~~Report on ~~September~~Form ~~30, 2025 under Commission File No. 333~~10-~~283510-02~~D: ~~and incorporated by reference herein).~~

(b99.1) ~~The~~ Monthly ~~exhibits~~report ~~required~~distributed to beholders ~~filed~~of the certificates issued by ~~the~~Morgan ~~Registrant~~Stanley ~~pursuant~~Bank toof ~~this~~America ~~Form~~Merrill ~~are~~Lynch ~~listed~~Trust ~~above~~2025-C35, relating to the October 20, 2025 distribution.

~~SIGNATURES~~(102) ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on October 29, 2025 under Commission File No. 333-283510-02 and incorporated by reference herein).

~~Pursuant~~(103) ABS toAsset ~~the~~Related ~~requirements~~Document of(filed ~~the~~as ~~Securities~~Exhibit ~~Exchange~~103 ~~Act~~to ~~of 1934,~~ the registrant's ~~has~~Form ~~duly~~ABS-EE ~~caused~~filed ~~this~~on ~~report~~October to29, be2025 ~~signed~~under onCommission ~~its~~File ~~behalf~~No. by333-283510-02 ~~the~~and ~~undersigned~~incorporated ~~thereunto~~by ~~duly~~reference ~~authorized~~herein).

~~Banc~~(b) ofThe ~~America~~exhibits ~~Merrill~~required ~~Lynch~~to ~~Commercial~~be ~~Mortgage~~filed ~~Inc~~by the Registrant pursuant to this Form are listed above.~~(Depositor)~~

~~/s/ Leland F. Bunch IIILeland F. Bunch III, President and Chief Executive Officer~~SIGNATURES

~~Date: September~~Pursuant 30to 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.

Banc of America Merrill Lynch Commercial Mortgage Inc.
(Depositor)

/s/ Leland F. Bunch III
Leland F. Bunch III, President and Chief Executive Officer

Date: October 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 filedas itsreported most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Securities Exchange Act of 1934 (a "Rule 15Ga-1 Form ABS-15G") on AugustOctober 820, 2025. The CIK number for the Depositor is 0001005007.

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 · Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35