MSBAM 2016-C29 - Charts and Resources
Data discoverability for CMBS deal MSBAM 2016-C29 updated as of 2025-05-30.
Deal Overview
Morgan Stanley Bank Of America Merrill Lynch Trust 2016-C29's issuance is a U.S. CMBS transaction issued from the MSBAM shelf.Role | Party |
---|---|
Rating Agencies | Moodys, Fitch, Morningstar |
Operating Advisor | Park Bridge Lender Services |
Special Servicer | Rialto Capital Advisors |
Certificate Administrator | Wells Fargo Bank, N.A. |
Certificate Administrator | Computershare Trust Company, N.A. |
Master Servicer | Trimont Real Estate Advisors |
Master Servicer | Wells Fargo Bank, National Association |
Depositor | Morgan Stanley Capital I Inc. |
Trustee | Wilmington Trust, National Association |
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-C29 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-C29.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-C29, 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 proper ty 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 ong oing 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.
The Loan transferred to Special Servicing on 2/2/2024 due to Imminent Monetary Default. A PNL was executed. Borrower requested an extension and subsequently withdrew the request. The loan is in cash management. Special Servicer is monitoring leasin g activity and pursuing appointment of a receiver. Borrower made a request for a modiication which is under evaluation.
Loan has recently transferred to SS, we are attempting to reach out to the borrower(s). PNL and Hello letter sent 4/28/2025. SS has not received a response from Borrower contact thus far. Awaiting execution by Borrower while SS evaluates the
Loan transferred to Special Servicing for Imminent Default. Cushman & Wakefield was appointed as Receiver and transitioned into property manager following foreclosure on 3/10/20. Property is 56% occ with the 48K SF anchor vacant. Lease with new 15 K SF junior anchor completed 12/20/2024, opened in 3/2025. Working to procure additional leases for anchor, former Party City space & out parcel building to stabilize asset & working on sale strategies for a Q3 2025 sale.
* 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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