MSC 2021-L6 - Charts and Resources
Data discoverability for CMBS deal MSC 2021-L6 updated as of 2025-07-31.
2025-07-31
Deal Overview
Morgan Stanley Capital I Trust 2021-L6's issuance is a U.S. CMBS transaction issued from the MSC shelf and backed by 43 commercial mortgage loans with an aggregate principal balance of 765.1 million at issuance, secured by the fee and leasehold interests in 62 properties across 21 U.S. states.CIK
1866493
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassArgentic Securities Income USA LLC or an affiliate thereof
Master ServicerMidland Loan Services
DepositorMorgan Stanley Capital I Inc.
Operating AdvisorPark Bridge Lender Services
Special ServicerArgentic Services Company LP
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$765,481,000Current Trust Amount
$736,900,529Number of Loans
43Number of Properties
62Average Loan Size
$17,801,884Portfolio Characteristics
Weighted Average Interest Rate
3.5%Weighted Average Term
110 monthsOriginal Valuation
$2,425,825,000Current Valuation
$2,405,925,000Key Dates
Origination Date
6/22/2021Latest Valuation
7/1/2024Latest Transfer
4/4/2025Latest Return
N/ALatest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
2Special Servicing Balance
$42,943,072Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
457 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
1Total Updated Value
$9,500,000Value Change Amount
-$19,900,000Value Change Percentage
-67.7%Modifications
Number of Modifications
0Modified Balance
N/ADeal Charts
Visual analytics and interactive charts showing the deal's performance over time. Track key metrics like balance, delinquency rates, and special servicing status through interactive visualizations.
Fund Holdings
Explore a list of funds that include MSC 2021-L6 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.* 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.
* 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.
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 MSC 2021-L6, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-07-01
150 Thornhill
William C. Rudolph
Prospectus ID: 10
6/11/2025- Loan was transferred to Special Servicing effective April 4, 2025 due to Payment Default (excluding Balloon/Maturity). The loan is currently past due for the February payment. On the introductory call, the borrower indicated a desire to bring t he loan current, but talks have since stalled on reinstatement terms. The borrower filed for a declaratory judgment that argues the lender should be required to use cash collateral to resolve the payment default. Lender intends to aggressively defend against these claims. Additionally, SS has filed the foreclosure complaint and is pursuing all remedies available under the loan documents.
💬 Servicer Commentary
2025-07-01
Tower Point At The Highlands
Yaakov Prager
Prospectus ID: 13
6/11/2025- The Loan transferred to Special Servicing effective 4/11/23 due to Payment Default. An executed PNA is in place. The property was placed under receivership, effective June 2023 and the receiver employed a broker to market and sell the asset in September 2023. In February 2025, the receiver and a third-party buyer executed a purchase and sale contract, with Lender''s approval. The court has approved the sale. Buyer will have 30 days to close upon expiration of the ongoing due diligence period. Th e special servicer initiated a guarantor lawsuit and a final judgement was entered in April 24. ASC is coordinating with counsel on implementing the best strategy to collect on the judgment.
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
* 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.
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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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