1,121 deals

BANK 2021-BNK37 - Charts and Resources

Data discoverability for CMBS deal BANK 2021-BNK37 updated as of 2025-06-27.

2025-06-27

Deal Overview

BANK 2021-BNK37's issuance is a U.S. CMBS transaction issued from the BANK shelf and backed by 85 commercial mortgage loans with an aggregate principal balance of 1.3 billion at issuance, secured by the fee and leasehold interests in 148 properties across 35 U.S. states.
RoleParty
Rating AgenciesMoodys, Fitch, KBRA
Controlling ClassBIG BNK37, LLC
Master ServicerTrimont Real Estate Advisors
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Special ServicerCWCapital Asset Management
Master ServicerWells Fargo Bank, National Association
Certificate AdministratorComputershare Trust Company, N.A.
Master & Special ServicerNational Cooperative Bank, N.A.
Operating AdvisorPark Bridge Lender Services

Deal Metrics

Key performance indicators and statistics tracking the deal's current status and history.

Deal Overview

Original Trust Amount
$1,323,501,500
Current Trust Amount
$1,309,236,697
Number of Loans
85
Number of Properties
148
Average Loan Size
$15,570,606

Portfolio Characteristics

Weighted Average Interest Rate
3.1%
Weighted Average Term
110 months
Original Valuation
$7,532,515,000
Current Valuation
$7,523,885,000

Key Dates

Origination Date
10/26/2021
Latest Valuation
9/17/2024
Latest Transfer
9/12/2024
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
2
Special Servicing Balance
$24,693,232
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
317 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
1
Total Updated Value
$18,400,000
Value Change Amount
$1,740,000
Value Change Percentage
10.4%

Modifications

Number of Modifications
0
Modified Balance
N/A

Deal Charts

Visual analytics and interactive charts showing the deal's performance over time. Track key metrics like balance, delinquency rates, and special servicing status through interactive visualizations.

Geographic Distribution - BANK 2021-BNK37 - All States
2025-06-27

Fund Holdings

Explore a list of funds that include BANK 2021-BNK37 bonds in their portfolios, sourced directly from the most recent NPORT-P filings on EDGAR SEC.gov. The funds in this table should have a reporting period end date in the future which means the holdings are current as of the most recent filing.
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
VANGUARD TOTAL BOND MARKET INDEX FUND2025-05-28Search FIGILookup LEIA-5$7,139,0972025-12-31
VANGUARD TOTAL BOND MARKET II INDEX FUND2025-05-28Search FIGILookup LEIA-5$5,905,9802025-12-31
Multi-Manager Total Return Bond Strategies Fund2025-04-24Search FIGILookup LEIA-5$4,810,6682025-08-31
Nationwide Loomis Core Bond Fund2025-06-18Search FIGILookup LEIA-5$1,291,0432025-10-31
State Street Aggregate Bond Index Portfolio2025-05-28Search FIGILookup LEIA-4$428,4122025-12-31
WisdomTree VOYA Yield Enhanced USD Universal Bond Fund2025-04-30Search FIGILookup LEIA-5$353,8342025-08-31
RiverNorth/DoubleLine Strategic Income Fund2025-05-30Search FIGILookup LEIC$301,6172025-09-30
BlackRock Diversified Fixed Income Fund2025-03-27Search FIGILookup LEIA-4$293,9492025-10-31
TOTAL BOND MARKET INDEX PORTFOLIO2025-05-28Search FIGILookup LEIA-5$108,1682025-12-31
BNY Mellon Core Bond ETF2025-06-25Search FIGILookup LEIA-4$86,1982025-10-31
Opportunistic Fixed Income Trust2025-05-29Search FIGILookup LEIX-A$24,4572025-12-31
Fund NameTranchesIds
VANGUARD TOTAL BOND MARKET INDEX FUND
$7,139,097
2025-12-31
A-5Search FIGI
Lookup LEI
VANGUARD TOTAL BOND MARKET II INDEX FUND
$5,905,980
2025-12-31
A-5Search FIGI
Lookup LEI
Multi-Manager Total Return Bond Strategies Fund
$4,810,668
2025-08-31
A-5Search FIGI
Lookup LEI
Nationwide Loomis Core Bond Fund
$1,291,043
2025-10-31
A-5Search FIGI
Lookup LEI
State Street Aggregate Bond Index Portfolio
$428,412
2025-12-31
A-4Search FIGI
Lookup LEI
WisdomTree VOYA Yield Enhanced USD Universal Bond Fund
$353,834
2025-08-31
A-5Search FIGI
Lookup LEI
RiverNorth/DoubleLine Strategic Income Fund
$301,617
2025-09-30
CSearch FIGI
Lookup LEI
BlackRock Diversified Fixed Income Fund
$293,949
2025-10-31
A-4Search FIGI
Lookup LEI
TOTAL BOND MARKET INDEX PORTFOLIO
$108,168
2025-12-31
A-5Search FIGI
Lookup LEI
BNY Mellon Core Bond ETF
$86,198
2025-10-31
A-4Search FIGI
Lookup LEI
Opportunistic Fixed Income Trust
$24,457
2025-12-31
X-ASearch FIGI
Lookup LEI
* This table is not yet exhaustive. It is a new feature and contains only the funds we have found so far based on the tranche identifiers we know about. We are still working on it!
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.

Deal Documents

Links to the deal documents for BANK 2021-BNK37.

Monthly Remittance Report

2025-06-27

Final Prospectus

2021-11-22

Annex A

2021-11-04

Final Termsheet

2021-11-04

Preliminary Termsheet

2021-10-28

Recent Commentary

Special servicers provide regular updates on the status of troubled loans. Below are recent comments from special servicing reports filed with sec.gov EDGAR for BANK 2021-BNK37, giving insights into the current situation and actions being taken.

The loan transferred to special servicing on 7/3/2024 due to non-monetary monetary default due to Borrower's non-compliance with cash management provisions after the credit downgrade of the tenant (Walgreens). Special Servicer is working on final revision s of the DACA with Borrower's counsel. Once established and funded, Special Servicer will work to execute a settlement agreement with Borrower, and subsequently begin the Return to Master process.

2025-06-27
Walgreens - Fort Worth Tx
Eva H. Field
Prospectus ID: 62

The loan transferred to Special Servicing effective 9/12/2024 for an Event of Default, borrower's failure to enter into cash management following a trigger event. Cash management has been triggered due to an anchor tenant lease expiration event, under whi ch cash begins being swept 18 months prior to the tenant's expiration date. The tenant has until 5/4/2025 to exercise a 5-year option in advance of its 10/31/2025 lease expiration. The tenant executed its 5-year option and therefore the trigger period ha s ended. The collateral property is a 124,822 SF retail property located in Chandler, AZ built in 2005. A site inspection occurred in October 2024 and found the property to be in good overall condition. Occupancy per site inspection is 99%. CWCAM execute d a reinstatement agreement. The loan is expected to transfer back in Q3-Q4 2025.

2025-06-27
Chandler Heights Marketplace
Kulwant Singh Sarai
Prospectus ID: 16
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.

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Filing data from sec.gov NPORT-P to produce the Fund Holdings table.

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