MSBAM 2016-C28 - Charts and Resources
Data discoverability for CMBS deal MSBAM 2016-C28 updated as of 2025-06-26.
Deal Overview
Morgan Stanley Bank Of America Merrill Lynch Trust 2016-C28's issuance is a U.S. CMBS transaction issued from the MSBAM shelf.| Role | Party |
|---|---|
| Rating Agencies | Moodys, Fitch, Morningstar |
| Certificate Administrator | Computershare Trust Company, N.A. |
| Master Servicer | Wells Fargo Bank, National Association |
| Depositor | Banc of America Merrill Lynch Commercial Mortgage Inc. |
| Trustee | U.S. Bank National Association |
| Special Servicer | Greystone Servicing Company |
| Operating Advisor | Park Bridge Lender Services |
| Certificate Administrator | Wells Fargo Bank, N.A. |
| Master Servicer | Trimont Real Estate Advisors |
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Fund Holdings
Explore a list of funds that include MSBAM 2016-C28 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.* 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 MSBAM 2016-C28.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 MSBAM 2016-C28, giving insights into the current situation and actions being taken.The asset transferred to Special Servicing in early 2024 due to imminent default. Latest rent roll reports occupancy at 44% with recent tenant departures and insufficient cash flow to make debt service and pay ongoing operating expenses. The property had enough cash flow to make its February 1, 2025, payment and is now due for its March 1, 2025, payment. The cash flow waterfall has been amended to allow for the payment of ongoing operating expenses prior to scheduled debt service to assure ongoing operations are not impacted. Discussions on a potential modification of the debt have continued with borrower representatives, but foreclosure will be pursued if no resolution is forecasted.
Transfer 5/27/25 for payment default. Hello letter and PNA sent 6/6/25. The property occupancy was 80% as of 3/31/25. Legal counsel has been engaged.
Counsel filed a foreclosure complaint and the Borrower agreed to appointment of a receiver effective 1/18/2020. Trust Counsel and Borrower Counsel have finalized an Agreed Judgment Entry and Decree and the Court entered the Order on 3/20/2020. Noteholder is pursuing rights and remedies as appropriate. YTD through Feb 2025, the property achieved a 39.4% occupancy, $156.90 ADR and $61.88 RevPar. Final stages of sale process are in progress.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
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Access the underlying datasets used to power these analytics.CMBS Fund Holdings Dataset
Filing data from sec.gov NPORT-P to produce the Fund Holdings table.
CREFC IRP standardized datasets
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