← BBCMS Mortgage Trust 2021-C12 (segment D01, CIK 1891818) / Loan annex / CMBS market
- Deal
- BBCMS Mortgage Trust 2021-C12 (segment D01, CIK 1891818)
- Current balance
- $17.1M (October 2026)
- Share of deal
- 2.2%
- Status
- 90+ days delinquent
- DSCR (latest)
- 1.57
- Occupancy (latest)
- 98%
- Scheduled maturity
- 2031-11-01
Property and terms
| Property | Hayes Court |
| Address | 33-53 82nd Street and 33-54 83rd Street; Jackson Heights, NY 11372 |
| Property type | Multifamily |
| Units, beds or keys | 56 |
| Net rentable square feet | not yet reported |
| Year built | 1920 |
| Year last renovated | 2019 |
| Original balance | $17.1M |
| Current balance | $17.1M (October 2026) |
| Share of deal balance | 2.2% |
| Interest rate at origination | 0.04% |
| Current interest rate | 3.73% |
| Origination date | 10-20-2021 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2031-11-01 |
| Prepayment lockout end | 07-31-2031 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | Société Générale Financial Corporation |
| Current status | 90+ days delinquent |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $24.1M | 07-15-2021 | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2021 | $17.1M | Matured balloon, performing | 3.73% | 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 2026 | $17.1M | 90+ days delinquent | 3.73% | 1.57 | 1.60 | 98% | $1.5M | 03-31-2024 | $2.1M | $1.0M | $1.0M | $1.0M |
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 |
|---|---|
| October 2026 | First reported 30 or more days delinquent |
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: BBCMS Mortgage Trust 2021-C12 (segment D02, CIK 1891818).
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.