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BBCMS 2021-C12

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated May 28, 2026.
2026-05-28
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is BBCMS 2021-C12? A US commercial mortgage-backed security ($1.0B; 72 loans; 154 properties).

Identifiers: Series bbcms2021-c12; CIK 1891818.

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 1891818.

What it means for you: This is the reported figure—the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com —name the CUSIP you hold (or a seat you're sizing up) and Cairn tailors the read to your position, with the receipts.

Machine-readable data: https://dealcharts.org/llm/facts/bbcms2021-c12.json · API docs
Have a question this page didn't answer? Ask Cairn →
📋 Quick Links
🏢 Entities
8
📈 Metrics
34
📊 Charts
15
💰 Fund Holdings
3
📄 Documents
5
💬 Analysis & Commentary
3
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Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassLD III SUB III, LLC or an affiliate.
Special ServicerLNR Partners
TrusteeWilmington Trust, National Association
DepositorBarclays Commercial Mortgage Securities
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerKeyBank National Association
Operating AdvisorPentalpha Surveillance

Deal Metrics

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

Deal Overview

Original Trust Amount
$1,031,192,343
Current Trust Amount
$1,048,085,078
Number of Loans
72
Number of Properties
154
Average Loan Size
$14,125,923

Portfolio Characteristics

Weighted Average Interest Rate
3.5%
Weighted Average Term
112 months
WA DSCR (NCF) at Issuance
N/A
WA DSCR (NCF) Current
2.25x
Original Valuation
$2,944,001,600
Current Valuation
$2,638,116,600

Key Dates

Origination Date
10/29/2021
Latest Valuation
1/30/2026
Latest Transfer
6/4/2025
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
3
Special Servicing Balance
$87,181,422
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
496 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
4
Total Updated Value
$149,280,000
Value Change Amount
-$223,920,000
Value Change Percentage
-242.7%

Modifications

Number of Modifications
0
Modified Balance
N/A

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BBCMS 2021-C12 - All States
2026-05-28

Fund Exposure#

Source: NPORT-P & related disclosures • 2023-11-27
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
1290 VT DoubleLine Opportunistic Bond Portfolio2026-06-25Search FIGILookup LEIX-D, A-5$1,083,8742026-12-31
EQ/Core Plus Bond Portfolio2023-11-27Search FIGILookup LEIA-5$597,8362023-12-31
SIMT Core Fixed Income Fund2026-05-29Search FIGILookup LEIA-5$230,9042026-09-30
Fund NameTranchesIds
1290 VT DoubleLine Opportunistic Bond Portfolio
$1,083,874
2026-12-31
X-D, A-5Search FIGI
Lookup LEI
EQ/Core Plus Bond Portfolio
$597,836
2023-12-31
A-5Search FIGI
Lookup LEI
SIMT Core Fixed Income Fund
$230,904
2026-09-30
A-5Search 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 support@cmdrvl.com to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2026-05-28
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2021-11-30
Final Prospectus
Document filing with updated information.
View on SEC →
2021-11-09
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2021-11-08
Final Termsheet
Document filing with updated information.
View on SEC →
2021-11-08
Annex A
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2026-03-27
Portfolio (2 Office properties)
UNIZO Holdings U.S., LLC
Prospectus ID: 3
3/11/2026 The Loan transferred to Special Servicing on 6/4/2025 for Delinquent Payments. The Loan is secured by 2 Class A offices totaling 651K SF located in the NoMa submarket of DC. 820 NE First Street: 1990-build, 302K sf adjacent to Union Station, 1100 First Street is a 2009-build, 349K sf located 2 blocks N of 820 NE First St. As of 6/30/25 each building is 64% occupied. The Court appointed Tom Dwyer of Transwestern as Receiver on 12/4. He has engaged the existing
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💬 Servicer Commentary

2026-03-27
Courtyard By Marriott - Lake Charles La
James W. Moore Jr.
Prospectus ID: 31
3/11/2026 The Property is a 110-key select service hotel built in 2016 and located in Lake Charles, LA, located along interstate 10 midway between Houston and New Orleans, just north of the Gulf of Mexico. The Loan transferred SS on 11-7- 2023 for imminent default. The Property has been closed since Q3 2022 due to structural concerns that were exacerbated by two previous hurricanes impacting the Property prior to securitization. Counsel has been engaged and discussions with Borrower are ongoing. Borrower is looking to settle with the contractors insurance as a result of the construction defects. Borrower's counsel has arrived at a settlement. Borrower has remitted settlement proceeds. Borrower engaged a demolition expert who has finished the demolition of the hotel and has cleared the site. Borrower has signed the listing agreement with 2 brokers to work cooperatively to market and sell the land (hospitality broker and local generalist). Brokers continue to actively market the land; Borrower has received an offer for the land. Lender and Borrower are working to document an agreement to facilitate a sale of the land.
Open Deal →

💬 Servicer Commentary

2026-03-27
Hayes Court
Saliman Coy
Prospectus ID: 21
3/11/2026 The Loan transferred to SS for Delinquent Payments on 06/06/2024. The collateral consists of a 56-unit multifamily property with 6 commercial units across two 5-story buildings in Queen, NY. The Property was built in 1920 and reported 12 rent stabilized units with the remaining 44 units at market. The Property is 98% occupied and reported a YTD Annualized NOI of -$2,588 as of 9/30/2025. Legal counsel has been engaged. The Sponsor has been indicted in November 2025 for alleged fraud scheme involving COVID-19 relief funds which may have been used to purchase the Property. A motion for receivership was filed and a ruling from the court is pending. The Lender is dual tracking
Open Deal →

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/bbcms2021-c12
{
  "deal_id": "bbcms2021-c12",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "LD III SUB III, LLC or an affiliate."
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  },
  {
    "role": "Trustee",
    "name": "Wilmington Trust, National Association"
  },
  {
    "role": "Depositor",
    "name": "Barclays Commercial Mortgage Securities"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "KeyBank National Association"
  },
  {
    "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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