← BBCMS Mortgage Trust 2021-C10 (segment D01, CIK 1864196) · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2021-C10 (segment D01, CIK 1864196)
- Current balance
- $49.0M (July 2021)
- Share of deal
- 5.8%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2032-03-05
Property and terms
| Property | MGM Grand & Mandalay Bay |
| Address | Las Vegas, NV |
| Property type | Lodging |
| Units, beds or keys | 9748 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $49.0M |
| Current balance | $49.0M (July 2021) |
| Share of deal balance | 5.8% |
| Interest rate at origination | 0.04% |
| Current interest rate | 3.56% |
| Origination date | 02-14-2020 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2032-03-05 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 09-04-2029 |
| Servicer | KeyBank N.A. |
| Loan servicer | not yet reported |
| Originator | Société Générale Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $4.60B | 01-10-2020 | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| July 2021 | $49.0M | Current | 3.56% | 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 |
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.
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: Wells Fargo Commercial Mortgage Trust 2020-C58 (segment D01, CIK 1827054); Wells Fargo Commercial Mortgage Trust 2021-C59.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.