← Benchmark 2021-B28 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2021-B28 Mortgage Trust
- Current balance
- $27.0M (September 2026)
- Share of deal
- 2.1%
- Status
- Current
- DSCR (latest)
- 2.77
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2031-07-01
Property and terms
| Property | Food4Less - Chicago Heights (and 20 more properties) |
| Address | 1333 Western Avenue; 7878 S Harlem Ave.; 1650 Washington Avenue; 1 Viewpoint Dr. 0 Alexandria Pike; 130 West Lincoln Hwy.; 2601 West Schaumburg; 4300 SE 29th St.; 1212 Maple Avenue; 10 E. Wilson Blvd.; 1115 Herrington Road; 1415 West Jefferson; 4455 US-36 East; 4037 Glenwood Road; 2901 Milwaukee Rd; 480 SE Gateway Drive; 206 Woodland Highway; 203 N Vine St.; 2722 Federal Street; 1931 Hwy 308; 308 Grand Caillou Rd.; 25460 State Road 2; Chicago Heights, IL (and 20 more) 60411 |
| 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 | ["2018", "2021"] |
| Original balance | $27.0M |
| Current balance | $27.0M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 3.16% |
| Current interest rate | 3.16% |
| Origination date | 06-30-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-07-01 |
| Prepayment lockout end | 03-31-2031 |
| 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
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $76.5M | not yet reported | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| FFL - Chicago Heights (Western), IL | not yet reported | ["07-31-2031", "11-30-2031", "06-30-2033", "04-30-2033", "09-30-2030", "09-30-2030", "05-31-2032", "12-31-2039", "01-31-2040", "01-31-2031", "09-30-2030", "10-31-2031", "01-31-2037", "02-28-2031", "03-31-2031", "01-31-2036", "01-31-2031", "02-28-2031", "08-31-2032", "10-31-2031", "02-28-2033"] |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2021 | $27.0M | Current | 3.16% | 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 2021 | $27.0M | Current | 3.16% | 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 2021 | $27.0M | Current | 3.16% | 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 2021 | $27.0M | Current | 3.16% | 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 2021 | $27.0M | Current | 3.16% | 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 2022 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 2022 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 2.73 | 2.77 | 100% | $0 | 09-30-2022 | $5.3M | $1.1M | $4.2M | $4.1M |
| February 2023 | $27.0M | Current | 3.16% | 2.73 | 2.77 | 100% | $0 | 09-30-2022 | $5.3M | $1.1M | $4.2M | $4.1M |
| March 2023 | $27.0M | Current | 3.16% | 2.82 | 2.86 | 100% | $0 | 12-31-2022 | $5.2M | $899,273 | $4.3M | $4.3M |
| April 2023 | $27.0M | Current | 3.16% | 2.82 | 2.86 | 100% | $0 | 12-31-2022 | $5.2M | $899,273 | $4.3M | $4.3M |
| May 2023 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 2.78 | 2.82 | 100% | $0 | 06-30-2023 | $5.2M | $958,958 | $4.3M | $4.2M |
| October 2023 | $27.0M | Current | 3.16% | 2.78 | 2.82 | 100% | $0 | 06-30-2023 | $5.2M | $958,958 | $4.3M | $4.2M |
| November 2023 | $27.0M | Current | 3.16% | 2.78 | 2.82 | 100% | $0 | 06-30-2023 | $5.2M | $958,958 | $4.3M | $4.2M |
| December 2023 | $27.0M | Current | 3.16% | 2.78 | 2.82 | 100% | $0 | 06-30-2023 | $5.2M | $958,958 | $4.3M | $4.2M |
| January 2024 | $27.0M | Current | 3.16% | 2.80 | 2.83 | 100% | $0 | 09-30-2023 | $5.2M | $880,068 | $4.3M | $4.2M |
| February 2024 | $20.0M | Current | 3.49% | 2.16 | 2.21 | 100% | $0 | 09-30-2023 | $74.2M | $14.2M | $59.9M | $58.7M |
| March 2024 | $27.0M | Current | 3.16% | 2.80 | 2.84 | 100% | $0 | 12-31-2023 | $5.2M | $955,788 | $4.3M | $4.2M |
| April 2024 | $27.0M | Current | 3.16% | 2.80 | 2.84 | 100% | $0 | 12-31-2023 | $5.2M | $955,788 | $4.3M | $4.2M |
| May 2024 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 2.40 | 2.44 | 100% | $0 | 03-31-2024 | $5.3M | $1.6M | $3.7M | $3.6M |
| July 2024 | $27.0M | Current | 3.16% | 2.40 | 2.44 | 100% | $0 | 03-31-2024 | $5.3M | $1.6M | $3.7M | $3.6M |
| August 2024 | $27.0M | Current | 3.16% | 2.40 | 2.44 | 100% | $0 | 03-31-2024 | $5.3M | $1.6M | $3.7M | $3.6M |
| September 2024 | $27.0M | Current | 3.16% | 2.93 | 2.96 | 100% | $0 | 06-30-2024 | $5.3M | $827,131 | $4.5M | $4.4M |
| October 2024 | $27.0M | Current | 3.16% | 2.93 | 2.96 | 100% | $0 | 06-30-2024 | $5.3M | $827,131 | $4.5M | $4.4M |
| November 2024 | $27.0M | Current | 3.16% | 2.93 | 2.96 | 100% | $0 | 06-30-2024 | $5.3M | $827,131 | $4.5M | $4.4M |
| December 2024 | $27.0M | Current | 3.16% | 2.93 | 2.96 | 100% | $0 | 06-30-2024 | $5.3M | $827,131 | $4.5M | $4.4M |
| January 2025 | $27.0M | Current | 3.16% | 2.85 | 2.88 | 100% | $0 | 09-30-2024 | $5.6M | $1.2M | $4.3M | $4.3M |
| February 2025 | $27.0M | Current | 3.16% | 2.85 | 2.88 | 100% | $0 | 09-30-2024 | $5.6M | $1.2M | $4.3M | $4.3M |
| March 2025 | $27.0M | Current | 3.16% | 2.85 | 2.88 | 100% | $0 | 09-30-2024 | $5.6M | $1.2M | $4.3M | $4.3M |
| April 2025 | $27.0M | Current | 3.16% | 2.85 | 2.88 | 100% | $0 | 09-30-2024 | $5.6M | $1.2M | $4.3M | $4.3M |
| May 2025 | $27.0M | Current | 3.16% | 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 2025 | $27.0M | Current | 3.16% | 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 2025 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 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 | $27.0M | Current | 3.16% | 2.64 | 2.68 | 100% | $0 | 06-30-2025 | $5.7M | $1.7M | $4.0M | $4.0M |
| October 2025 | $27.0M | Current | 3.16% | 2.64 | 2.68 | 100% | $0 | 06-30-2025 | $5.7M | $1.7M | $4.0M | $4.0M |
| November 2025 | $27.0M | Current | 3.16% | 2.64 | 2.68 | 100% | $0 | 06-30-2025 | $5.7M | $1.7M | $4.0M | $4.0M |
| December 2025 | $27.0M | Current | 3.16% | 2.53 | 2.57 | 100% | $0 | 09-30-2025 | $5.4M | $1.6M | $3.9M | $3.8M |
| January 2026 | $27.0M | Current | 3.16% | 2.53 | 2.57 | 100% | $0 | 09-30-2025 | $5.4M | $1.6M | $3.9M | $3.8M |
| February 2026 | $27.0M | Current | 3.16% | 2.53 | 2.57 | 100% | $0 | 09-30-2025 | $5.4M | $1.6M | $3.9M | $3.8M |
| March 2026 | $27.0M | Current | 3.16% | 2.77 | 2.80 | 100% | $0 | 12-31-2025 | $5.5M | $1.3M | $4.2M | $4.2M |
| April 2026 | $27.0M | Current | 3.16% | 2.77 | 2.80 | 100% | $0 | 12-31-2025 | $5.5M | $1.3M | $4.2M | $4.2M |
| May 2026 | $27.0M | Current | 3.16% | 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 2026 | $27.0M | Current | 3.16% | 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 2026 | $27.0M | Current | 3.16% | 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 2026 | $27.0M | Current | 3.16% | 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 2026 | $27.0M | Current | 3.16% | 2.77 | 2.81 | 100% | $0 | 06-30-2026 | $5.3M | $1.0M | $4.2M | $4.2M |
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: Benchmark 2021-B29 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.