← Bank 2021-BNK37 · Loan annex · CMBS market
- Deal
- Bank 2021-BNK37
- Current balance
- $21.2M (September 2026)
- Share of deal
- 1.8%
- Status
- Current
- DSCR (latest)
- 1.43
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2031-11-01
Property and terms
| Property | CHANDLER HEIGHTS MARKETPLACE |
| Address | 4850-4990 SOUTH GILBERT ROAD; Chandler, AZ 85249 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 124,822 |
| Year built | 2005 |
| Year last renovated | not yet reported |
| Original balance | $23.2M |
| Current balance | $21.2M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 4.02% |
| Current interest rate | 4.02% |
| Origination date | 10-26-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2031-11-01 |
| Prepayment lockout end | 07-31-2031 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Bank of America, National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $31.5M | 06-23-2021 | MAI |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Basha's Grocery Store (#161) | 54,416 | 10-31-2030 |
| ACE Hardware | 15,735 | 09-01-2030 |
| Fat Willy's Family Sports Grill | 6,177 | 04-30-2032 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2021 | $23.2M | Current | 4.02% | 1.70 | 1.70 | 98% | $0 | 09-30-2021 | $3.0M | $693,465 | $2.3M | $2.3M |
| December 2021 | $23.2M | Current | 4.02% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2022 | $23.2M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2022 | $23.2M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2022 | $23.1M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2022 | $23.1M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2022 | $23.1M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2022 | $23.0M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2022 | $23.0M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2022 | $23.0M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2022 | $23.0M | Matured balloon, non-performing | 4.02% | not yet reported | not yet reported | not yet reported | $110,576 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2022 | $22.9M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2022 | $22.9M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2022 | $22.8M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2023 | $22.8M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2023 | $22.8M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2023 | $22.7M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2023 | $22.7M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2023 | $22.6M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2023 | $22.6M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2023 | $22.6M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2023 | $22.5M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2023 | $22.5M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2023 | $22.5M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2023 | $22.4M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2023 | $22.4M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2024 | $22.4M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2024 | $22.3M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2024 | $22.3M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2024 | $22.3M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2024 | $22.2M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2024 | $22.2M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2024 | $22.2M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2024 | $22.1M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2024 | $22.1M | Matured balloon, non-performing | 4.02% | not yet reported | not yet reported | not yet reported | $110,600 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $22.1M | Matured balloon, non-performing | 4.02% | not yet reported | not yet reported | not yet reported | $110,623 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2024 | $22.1M | Matured balloon, non-performing | 4.02% | not yet reported | not yet reported | not yet reported | $110,603 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2024 | $22.1M | 30-59 days delinquent | 4.02% | not yet reported | not yet reported | not yet reported | $221,228 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2025 | $22.1M | 60-89 days delinquent | 4.02% | not yet reported | not yet reported | not yet reported | $331,833 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2025 | $22.1M | 90+ days delinquent | 4.02% | not yet reported | not yet reported | not yet reported | $442,439 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2025 | $22.1M | 90+ days delinquent | 4.02% | not yet reported | not yet reported | not yet reported | $553,109 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2025 | $22.1M | 90+ days delinquent | 4.02% | not yet reported | not yet reported | not yet reported | $663,718 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2025 | $22.1M | 90+ days delinquent | 4.02% | not yet reported | not yet reported | not yet reported | $774,348 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $21.8M | Matured balloon, non-performing | 4.02% | not yet reported | not yet reported | not yet reported | $110,610 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $21.7M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $21.7M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $21.6M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $21.6M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $21.6M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2025 | $21.5M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2026 | $21.5M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2026 | $21.5M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $21.4M | Current | 4.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $21.4M | Current | 4.02% | 1.20 | 1.31 | 100% | $0 | 12-31-2025 | $2.9M | $1.1M | $1.8M | $1.6M |
| May 2026 | $21.3M | Current | 4.02% | 1.20 | 1.31 | 100% | $0 | 12-31-2025 | $2.9M | $1.1M | $1.8M | $1.6M |
| June 2026 | $21.3M | Current | 4.02% | 1.20 | 1.31 | 100% | $0 | 12-31-2025 | $2.9M | $1.1M | $1.8M | $1.6M |
| July 2026 | $21.3M | Current | 4.02% | 1.20 | 1.31 | 100% | $0 | 12-31-2025 | $2.9M | $1.1M | $1.8M | $1.6M |
| August 2026 | $21.2M | Current | 4.02% | 1.20 | 1.31 | 100% | $0 | 12-31-2025 | $2.9M | $1.1M | $1.8M | $1.6M |
| September 2026 | $21.2M | Current | 4.02% | 1.43 | 1.54 | 100% | $0 | 06-30-2026 | $1.5M | $473,147 | $1.0M | $951,563 |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Status timeline
| Date | Event |
|---|---|
| 2024-09-12 | Transferred to the special servicer |
| December 2024 | First reported 30 or more days delinquent |
| 2025-07-17 | Returned to the master servicer |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.