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BMARK 2021-B28

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 29, 2026.
2026-06-29
Coverage: 96%Freshness: 5 days

Quick Answer

What is BMARK 2021-B28? A US commercial mortgage-backed security issued July 2021 ($1.4B; 69 loans; 148 properties).

Identifiers: Shelf BMARK; Series bmark2021-b28; CIK 1871630.

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 1871630.

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.

Part of:2021 VintageBMARK ShelfLNR Partners (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/bmark2021-b28.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:Entities7Metrics34Charts15Fund Holdings11Documents6Analysis & Commentary4

Who's Involved#

Rating AgenciesMoodys, Fitch, KBRA
TrusteeComputershare Trust Company, N.A.
Certificate AdministratorComputershare Trust Company, N.A.
Operating AdvisorPentalpha Surveillance
Special ServicerLNR Partners
DepositorJ.P. Morgan Chase Commercial Mortgage Securities Corp.
Master ServicerMidland Loan Services

Deal Metrics

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

Deal Overview

Aggregate Original Loan Amount
$1.38B
Current Trust Amount
$1.31B
Number of Loans
69
Number of Properties
148
Average Loan Size
$19.4M

Portfolio Characteristics

Weighted Average Interest Rate
3.4%
Weighted Average Term
112 months
WA DSCR (NCF) at Issuance
2.76x
WA DSCR (NCF) Current
1.28x
Original Valuation
$5.19B
Current Valuation
$4.83B

Key Dates

Origination Date
7/20/2021
Latest Valuation
10/1/2025
Latest Transfer
5/12/2026
Latest Return
7/11/2024
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
4
Special Servicing Balance
$74.6M
Loans Returned to Master
1
Balance Returned
$9.0M
Avg Time in Special Servicing
241 days
Avg Time to Return
63 days

Valuation Changes

Updated Valuations
1
Total Updated Value
$4.0M
Value Change Amount
$-4.8M
Value Change Percentage
-54.6%

Modifications

Number of Modifications
0
Modified Balance
N/A

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BMARK 2021-B28 - All States
2026-06-29

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-02-26
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
American Funds Multi-Sector Income Fund2026-05-28Search FIGILookup LEIB$5,980,7952026-12-31
American Balanced Fund2026-02-26Search FIGILookup LEIA-5$4,307,7732025-12-31
DoubleLine Total Return Bond Fund2026-05-28Search FIGILookup LEIX-B$2,743,5042026-03-31
MFS Global Opportunistic Bond Fund2026-04-22Search FIGILookup LEIX-A$960,9932026-11-30
EQ/Core Plus Bond Portfolio2023-11-27Search FIGILookup LEIA-5$596,4592023-12-31
MFS Global Total Return Fund2026-06-29Search FIGILookup LEIX-A$576,9212026-10-31
AST Target Maturity Central Portfolio2025-08-27Search FIGILookup LEIA-1$453,1212025-12-31
Nuveen Life Core Bond Fund2025-08-27Search FIGILookup LEIA-5$377,3132025-12-31
Principal Real Asset Fund2024-02-27Search FIGILookup LEIX-D$323,5142024-03-31
PGIM Total Return Bond ETF2025-07-29Search FIGILookup LEIA-1$266,0362025-08-31
Core Fixed Income Fund2025-04-28Search FIGILookup LEIX-A$122,2142025-08-31
Fund NameTranchesIds
American Funds Multi-Sector Income Fund
$5,980,795
2026-12-31
BSearch FIGI
Lookup LEI
American Balanced Fund
$4,307,773
2025-12-31
A-5Search FIGI
Lookup LEI
DoubleLine Total Return Bond Fund
$2,743,504
2026-03-31
X-BSearch FIGI
Lookup LEI
MFS Global Opportunistic Bond Fund
$960,993
2026-11-30
X-ASearch FIGI
Lookup LEI
EQ/Core Plus Bond Portfolio
$596,459
2023-12-31
A-5Search FIGI
Lookup LEI
MFS Global Total Return Fund
$576,921
2026-10-31
X-ASearch FIGI
Lookup LEI
AST Target Maturity Central Portfolio
$453,121
2025-12-31
A-1Search FIGI
Lookup LEI
Nuveen Life Core Bond Fund
$377,313
2025-12-31
A-5Search FIGI
Lookup LEI
Principal Real Asset Fund
$323,514
2024-03-31
X-DSearch FIGI
Lookup LEI
PGIM Total Return Bond ETF
$266,036
2025-08-31
A-1Search FIGI
Lookup LEI
Core Fixed Income Fund
$122,214
2025-08-31
X-ASearch FIGI
Lookup LEI
11 of 11 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 →
2021-08-19
Final Prospectus
Document filing with updated information.
View on SEC →
2021-07-28
Annex A
Document filing with updated information.
View on SEC →
2021-07-28
Final Termsheet
Document filing with updated information.
View on SEC →
2021-07-28
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2021-07-27
Preliminary Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →

Entity Statements

💬 Servicer Commentary

2026-06-29
Portfolio (7 Multifamily properties)
Zalmen Wagschal
Prospectus ID: 24
6/11/2026 - Loan transferred as a SS on 1/28/2026 due to payment delinquency of over 60 days. The collateral comprises seven multifamily walk-up buildings located in Brooklyn, NY.They are located at 4219 Fifteenth Avenue, 662 Park Place, 30 Claver Place, 132 New York Avenue, 269 Kosciuszko Street, 1100 DeKalb Avenue, and 119 Albany Avenue.Lender sent a pre-negotiation letter to Borrower. Trust Counsel engaged. Discussions are ongoing between Borrower''s counsel and Trust counsel regarding executio n of the pre-negotiation letter. Lender is attempting to engage Borrower in discussions
Open Deal →

💬 Servicer Commentary

2026-06-29
Prospectus ID: 20A3
6/11/2026 - Imminent default due to cash flow issues. Lender has sent out a PNL and requested DD. Borrower has submitted most DD requests. Notice of Default has been sent out by Lender. Lender and Borrower have started discussions
Open Deal →

💬 Servicer Commentary

2026-06-29
Prospectus ID: 22A2
6/11/2026 - The loan transferred to special servicing effective 3/3/25 for imminent monetary default. The Loan is payment current and cash management mechanics have been implemented. A filed mechanics lien is being monitored by the special servicer . The Loan is secured by a +/- 420,000 SF office complex in Birmingham, Alabama. Discussions with Borrower have largely surrounded funding of TIs for leasing activity and potential modifications to the loan to increase funds available in reserves. Legal counsel has been engaged. Discussions continued regarding a possible modification with an IO conversion, though special servicer employed a dual track strategy, seeking the appointment of a receiver, which was granted in early March 2026. Updated appraisa l is under review. Foreclosure anticipated June 2026.
Open Deal →

💬 Servicer Commentary

2026-05-28
2679 Redondo
Sharen Golshan
Prospectus ID: 65
5/8/2026 - REO Title Date: 3/20/2026. Transwestern is the PM and Cushman (Robert Garey), will do the leasing. Description of Collateral: A single-story 12,496sf office/flex building located on a 1.30-acre site in Long Beach, CA, ~25 miles south o f the Los Angeles CBD. The property sits just south of the 405 and has an electronic billboard that has DTCs of 330,000/day. There are 93 parking spaces (7.4/1,000 SF) and this is important because the Toyota dealership next door leases them for their e xcess parking needs. The actual building itself is in very poor condition as a mix of gray shell and 2nd generation space in dilapidated condition. The property is not listed for sale, but that may change as there is concern the condition of the building makes it too expensive to backfill and the highest and best use may be as a covered land play.
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.
Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
CMD+RVL runs monitors on the filings behind this page — new servicer reports, ratings actions, collateral shifts — and delivers each state change with full provenance.
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Datasets & API#

GET https://dealcharts.org/llm/facts/bmark2021-b28.json
{
  "deal_id": "bmark2021-b28",
  "issuer": "",
  "shelf": "BMARK",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "Moodys, Fitch, KBRA"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  },
  {
    "role": "Depositor",
    "name": "J.P. Morgan Chase Commercial Mortgage Securities Corp."
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  }
]
}


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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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