BANK 2021-BNK38 – Deal Overview & Connected Data

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated January 30, 2026.
2026-01-30
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is BANK 2021-BNK38? A US commercial mortgage-backed security ($729.0M; 47 loans; 94 properties).

Identifiers: Series bank2021-bnk38; CIK 1895567.

Unique value: Dealcharts provides computed pool metrics, time-series performance analysis, and cross-deal comparisons not available in raw SEC EDGAR filings.

Sources: SEC EDGAR CIK 1895567.

📋 Quick Links
🏢 Entities
9
📈 Metrics
30
📊 Charts
14
💰 Fund Holdings
3
📄 Documents
5
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Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassKKR Real Estate Credit Opportunity Partners II L.P.
Master ServicerNational Cooperative Bank, N.A.
Certificate AdministratorComputershare Trust Company, N.A.
DepositorMorgan Stanley Capital I Inc.
Master ServicerWells Fargo Bank, National Association
Master ServicerTrimont Real Estate Advisors
Special ServicerMidland Loan Services
Operating AdvisorPentalpha Surveillance

Deal Metrics

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

Deal Overview

Original Trust Amount
$729,041,000
Current Trust Amount
$661,729,374
Number of Loans
47
Number of Properties
94
Average Loan Size
$10,721,191

Portfolio Characteristics

Weighted Average Interest Rate
3.2%
Weighted Average Term
118 months
Original Valuation
$5,971,435,000
Current Valuation
$4,984,250,000

Key Dates

Origination Date
11/30/2021
Latest Valuation
1/1/1970
Latest Transfer
N/A
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
0
Special Servicing Balance
N/A
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
0 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
0
Total Updated Value
N/A
Value Change Amount
N/A
Value Change Percentage
N/A

Modifications

Number of Modifications
0
Modified Balance
N/A

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BANK 2021-BNK38 - All States
2026-01-30

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-11-24
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
DoubleLine Total Return Bond Fund2025-11-25Search FIGILookup LEIX-D$397,2962026-03-31
DoubleLine Opportunistic Core Bond ETF2025-11-24Search FIGILookup LEIA-5$264,7942025-09-30
Principal Real Asset Fund2024-02-27Search FIGILookup LEIB$178,0812024-03-31
Fund NameTranchesIds
DoubleLine Total Return Bond Fund
$397,296
2026-03-31
X-DSearch FIGI
Lookup LEI
DoubleLine Opportunistic Core Bond ETF
$264,794
2025-09-30
A-5Search FIGI
Lookup LEI
Principal Real Asset Fund
$178,081
2024-03-31
BSearch FIGI
Lookup LEI
3 of 3 funds* Use toggle buttons to sort
* 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.
Filings are mapped to tranches/deals with normalized identifiers.Quality & lineageFund not listed or misattributed? Contact us at data@dealcharts.org to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2025-12-01
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2021-12-22
Final Prospectus
Document filing with updated information.
View on SEC →
2021-12-08
Annex A
Document filing with updated information.
View on SEC →
2021-12-08
Final Termsheet
Document filing with updated information.
View on SEC →
2021-12-07
Preliminary Prospectus
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

No statements from entities yet. Contact us at partnerships@dealcharts.org to add official context.

External Analysis

No external analysis linked yet. Contact us to publish and link your research.
All items include provenance (author, timestamp, source).Have a source-backed clarification? Contact us.
Have a source-backed note on this deal? Contact us.

Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/bank2021-bnk38
{
  "deal_id": "bank2021-bnk38",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "KKR Real Estate Credit Opportunity Partners II L.P."
  },
  {
    "role": "Master Servicer",
    "name": "National Cooperative Bank, N.A."
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Depositor",
    "name": "Morgan Stanley Capital I Inc."
  },
  {
    "role": "Master Servicer",
    "name": "Wells Fargo Bank, National Association"
  },
  {
    "role": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Special Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  }
]
}


Access the underlying datasets used to power these analytics.
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CMBS Fund Holdings Dataset

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

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CREFC IRP standardized datasets

Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.

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