3650R 2021-PF1 Commercial Mortgage Trust: loan annex
Page built October 19, 2026
Loan detail for 3650R 2021-PF1 Commercial Mortgage Trust.
Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-01
← 3650R 2021-PF1 Commercial Mortgage Trust · CMBS market
Detail sections for the 19 loans of this deal that do not have a page of their own. Loans with a surveillance history, loans at or above the section's size threshold of $25.0M, and the largest loans in the deal have their own pages, linked from the loan table on the deal page. Every loan in the deal appears either here or on its own page.
PetSmart HQ
| Property | PetSmart HQ |
| Address | 19601 North 27th Avenue; Phoenix, AZ 85027 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 365,672 |
| Year built | 1997 |
| Year last renovated | 2008 |
| Original balance | $23.0M |
| Current balance | $23.0M (September 2026) |
| Share of deal balance | 2.6% |
| Interest rate at origination | 4.28% |
| Current interest rate | 4.28% |
| Origination date | 03-31-2021 |
| Original term | 84 months |
| Amortization term | not yet reported |
| Interest-only period | 84 months |
| Scheduled maturity | 2028-04-05 |
| Prepayment lockout end | 01-04-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $10.7M |
| Operating expenses | $4.0M |
| Net operating income | $6.7M |
| Net cash flow | $6.2M |
| DSCR (net cash flow) | 2.12 |
| DSCR (net operating income) | 2.28 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
747 Amsterdam Avenue
| Property | 747 Amsterdam Avenue |
| Address | 743-749 Amsterdam Avenue; New York, NY 10025 |
| Property type | Other (code 98) |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 32,600 |
| Year built | 1927 |
| Year last renovated | 2000 |
| Original balance | $21.0M |
| Current balance | $21.0M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 3.15% |
| Current interest rate | 3.15% |
| Origination date | 07-28-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-08-06 |
| Prepayment lockout end | 04-05-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.3M |
| Operating expenses | $1.3M |
| Net operating income | $2.0M |
| Net cash flow | $1.8M |
| DSCR (net cash flow) | 2.75 |
| DSCR (net operating income) | 2.93 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
93 East
| Property | 93 East |
| Address | 2565 Shallowford Road NE; Atlanta, GA 30345 |
| Property type | Multifamily |
| Units, beds or keys | 195 |
| Net rentable square feet | not yet reported |
| Year built | 1967 |
| Year last renovated | 2021 |
| Original balance | $21.0M |
| Current balance | $21.0M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 4.20% |
| Current interest rate | 4.20% |
| Origination date | 06-04-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-06-05 |
| Prepayment lockout end | 03-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.0M |
| Operating expenses | $1.6M |
| Net operating income | $1.4M |
| Net cash flow | $1.4M |
| DSCR (net cash flow) | 1.51 |
| DSCR (net operating income) | 1.57 |
| Occupancy | 89% |
| Servicer advances outstanding | $0 |
Cabela's Reno
| Property | Cabela's Reno |
| Address | 8650 Boomtown Garson Road; Verdi, NV 89523 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 129,025 |
| Year built | 2007 |
| Year last renovated | not yet reported |
| Original balance | $20.0M |
| Current balance | $20.0M (September 2026) |
| Share of deal balance | 2.2% |
| Interest rate at origination | 4.40% |
| Current interest rate | 4.40% |
| Origination date | 10-20-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2044-04-05 |
| Prepayment lockout end | 08-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.8M |
| Operating expenses | $292,865 |
| Net operating income | $2.5M |
| Net cash flow | $2.4M |
| DSCR (net cash flow) | 2.69 |
| DSCR (net operating income) | 2.76 |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Marina Pacifica
| Property | Marina Pacifica |
| Address | 6270-6380 Pacific Coast Highway; Long Beach, CA 90803 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 297,165 |
| Year built | 1976 |
| Year last renovated | not yet reported |
| Original balance | $33.3M |
| Current balance | $18.6M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 3.80% |
| Current interest rate | 3.80% |
| Origination date | 09-20-2021 |
| Original term | 86 months |
| Amortization term | 120 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-12-05 |
| Prepayment lockout end | 12-04-2023 |
| Yield maintenance end | 09-04-2028 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $10.7M |
| Operating expenses | $4.1M |
| Net operating income | $6.5M |
| Net cash flow | $6.2M |
| DSCR (net cash flow) | 1.54 |
| DSCR (net operating income) | 1.63 |
| Occupancy | 84% |
| Servicer advances outstanding | $0 |
CAL OES Portfolio
| Property | CAL OES Portfolio |
| Address | 600 & 650 North 5th Street and 601 Sequoia Pacific Boulevard; Sacramento, CA 95811 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 159,875 |
| Year built | 1985 |
| Year last renovated | not yet reported |
| Original balance | $19.7M |
| Current balance | $18.5M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 3.53% |
| Current interest rate | 3.53% |
| Origination date | 09-27-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2031-10-06 |
| Prepayment lockout end | 07-05-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
4, 6 and 10 Sherrill Fostesr Path (and 1 more properties)
| Property | 4, 6 and 10 Sherrill Fostesr Path (and 1 more properties) |
| Address | 4, 6 and 10 Fosters Path; 97 North Sea Road; East Hampton, NY (and 1 more) 11937 |
| Property type | Multiple property types |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $17.7M |
| Current balance | $16.0M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 3.66% |
| Current interest rate | 3.66% |
| Origination date | 10-22-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2031-11-06 |
| Prepayment lockout end | 08-05-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | DBR Investments Co. Limited |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | ["06-30-2026", "06-30-2026"] |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Centene Office Building
| Property | Centene Office Building |
| Address | 1700 N. University Drive; Plantation, FL 33322 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 145,983 |
| Year built | 2020 |
| Year last renovated | not yet reported |
| Original balance | $15.6M |
| Current balance | $15.6M (September 2026) |
| Share of deal balance | 1.7% |
| Interest rate at origination | 3.42% |
| Current interest rate | 3.42% |
| Origination date | 05-04-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-05-05 |
| Prepayment lockout end | 12-04-2030 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
The Arts
| Property | The Arts |
| Address | 9501 Santa Monica Boulevard; Beverly Hills, CA 90210 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 14,828 |
| Year built | 1924 |
| Year last renovated | not yet reported |
| Original balance | $14.0M |
| Current balance | $14.0M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 3.01% |
| Current interest rate | 3.01% |
| Origination date | 08-27-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-09-05 |
| Prepayment lockout end | 05-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Reside Market Street
| Property | Reside Market Street |
| Address | 426 North Market Street and 627 & 608 Market Street; Wilmington, DE 19801 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 73,233 |
| Year built | 1920 |
| Year last renovated | 2016 |
| Original balance | $14.2M |
| Current balance | $12.8M (September 2026) |
| Share of deal balance | 1.4% |
| Interest rate at origination | 3.84% |
| Current interest rate | 3.84% |
| Origination date | 06-30-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2031-07-05 |
| Prepayment lockout end | 04-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Villa Adora
| Property | Villa Adora |
| Address | 10534 Beechnut Street; Houston, TX 77072 |
| Property type | Multifamily |
| Units, beds or keys | 265 |
| Net rentable square feet | not yet reported |
| Year built | 1979 |
| Year last renovated | not yet reported |
| Original balance | $10.5M |
| Current balance | $10.5M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 3.29% |
| Current interest rate | 3.29% |
| Origination date | 09-14-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-10-05 |
| Prepayment lockout end | 07-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.2M |
| Operating expenses | $2.0M |
| Net operating income | $1.2M |
| Net cash flow | $1.2M |
| DSCR (net cash flow) | 3.31 |
| DSCR (net operating income) | 3.55 |
| Occupancy | 94% |
| Servicer advances outstanding | $0 |
Temecula Creek Plaza
| Property | Temecula Creek Plaza |
| Address | 31021-31165 Temecula Parkway; Temecula, CA 92592 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 68,132 |
| Year built | 2006 |
| Year last renovated | not yet reported |
| Original balance | $10.3M |
| Current balance | $10.3M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 3.48% |
| Current interest rate | 3.48% |
| Origination date | 10-15-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-11-05 |
| Prepayment lockout end | 08-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.2M |
| Operating expenses | $810,493 |
| Net operating income | $1.4M |
| Net cash flow | $1.4M |
| DSCR (net cash flow) | 3.71 |
| DSCR (net operating income) | 3.86 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
Times Square Apartments
| Property | Times Square Apartments |
| Address | 3001, 3017, 3033 36th Avenue South 3049, 3065, 3081, 3097 36th Avenue South; Grand Forks, ND 58201 |
| Property type | Multifamily |
| Units, beds or keys | 97 |
| Net rentable square feet | not yet reported |
| Year built | 1996 |
| Year last renovated | not yet reported |
| Original balance | $10.2M |
| Current balance | $10.2M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 3.73% |
| Current interest rate | 3.73% |
| Origination date | 06-23-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-07-05 |
| Prepayment lockout end | 04-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.0M |
| Operating expenses | $874,095 |
| Net operating income | $1.1M |
| Net cash flow | $1.1M |
| DSCR (net cash flow) | 2.77 |
| DSCR (net operating income) | 2.85 |
| Occupancy | 95% |
| Servicer advances outstanding | $0 |
2400 Hudson
| Property | 2400 Hudson |
| Address | 2400 Hudson Terr; Fort Lee, NJ 07024 |
| Property type | Multifamily |
| Units, beds or keys | 140 |
| Net rentable square feet | not yet reported |
| Year built | 1965 |
| Year last renovated | not yet reported |
| Original balance | $10.0M |
| Current balance | $10.0M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 3.00% |
| Current interest rate | 3.00% |
| Origination date | 10-12-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-11-05 |
| Prepayment lockout end | 08-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.6M |
| Operating expenses | $1.5M |
| Net operating income | $2.1M |
| Net cash flow | $2.1M |
| DSCR (net cash flow) | 6.78 |
| DSCR (net operating income) | 6.90 |
| Occupancy | 89% |
| Servicer advances outstanding | $0 |
Carrington Court Apartments
| Property | Carrington Court Apartments |
| Address | 2225 S. 34th Street 3383 Primrose Court; Grand Forks, ND 58201 |
| Property type | Multifamily |
| Units, beds or keys | 155 |
| Net rentable square feet | not yet reported |
| Year built | 1988 |
| Year last renovated | not yet reported |
| Original balance | $11.0M |
| Current balance | $9.8M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 3.57% |
| Current interest rate | 3.57% |
| Origination date | 04-08-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2031-05-05 |
| Prepayment lockout end | 02-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.4M |
| Operating expenses | $1.1M |
| Net operating income | $1.3M |
| Net cash flow | $1.3M |
| DSCR (net cash flow) | 2.12 |
| DSCR (net operating income) | 2.19 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
Encore Echo Apartments
| Property | Encore Echo Apartments |
| Address | 226 North Lake Street; Los Angeles, CA 90026 |
| Property type | Multifamily |
| Units, beds or keys | 36 |
| Net rentable square feet | not yet reported |
| Year built | 2021 |
| Year last renovated | not yet reported |
| Original balance | $9.5M |
| Current balance | $9.5M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 3.34% |
| Current interest rate | 3.34% |
| Origination date | 09-13-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-10-05 |
| Prepayment lockout end | 07-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Jupiter Park Self Storage
| Property | Jupiter Park Self Storage |
| Address | 1125 Jupiter Park Drive; Jupiter, FL 33458 |
| Property type | Self storage |
| Units, beds or keys | 867 |
| Net rentable square feet | not yet reported |
| Year built | 1998 |
| Year last renovated | not yet reported |
| Original balance | $8.4M |
| Current balance | $8.4M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 3.80% |
| Current interest rate | 3.80% |
| Origination date | 07-27-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2031-08-06 |
| Prepayment lockout end | 04-05-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.1M |
| Operating expenses | $564,076 |
| Net operating income | $526,249 |
| Net cash flow | $516,442 |
| DSCR (net cash flow) | 1.60 |
| DSCR (net operating income) | 1.63 |
| Occupancy | 52% |
| Servicer advances outstanding | $0 |
Peachtree Plaza Apartments
| Property | Peachtree Plaza Apartments |
| Address | 5349 New Peachtree Road; Chamblee, GA 30341 |
| Property type | Multifamily |
| Units, beds or keys | 42 |
| Net rentable square feet | not yet reported |
| Year built | 1964 |
| Year last renovated | 2020 |
| Original balance | $6.5M |
| Current balance | $6.5M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 4.00% |
| Current interest rate | 4.00% |
| Origination date | 05-26-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-06-05 |
| Prepayment lockout end | 03-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Northgate Apartments
| Property | Northgate Apartments |
| Address | 1435 West Talmadge Street; Springfield, MO 65803 |
| Property type | Multifamily |
| Units, beds or keys | 76 |
| Net rentable square feet | not yet reported |
| Year built | 2018 |
| Year last renovated | not yet reported |
| Original balance | $4.4M |
| Current balance | $4.2M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 4.55% |
| Current interest rate | 4.55% |
| Origination date | 05-10-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2031-06-05 |
| Prepayment lockout end | 04-04-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | 3650 Real Estate Investment Trust 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $814,327 |
| Operating expenses | $420,177 |
| Net operating income | $394,150 |
| Net cash flow | $378,750 |
| DSCR (net cash flow) | 1.41 |
| DSCR (net operating income) | 1.46 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |