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CMBS dealSpecial servicing active

MSC 2021-L7

As of 6/30/2026Source: SEC EDGAR, CIK 1883246
Latest answer
MSC 2021-L7 is a CMBS reference page with collateral metrics, transaction parties, filings, fund exposure, and machine-readable facts tied back to source disclosure.
Coverage: 100%Freshness: 9 days
Context brief

Quick Answer

What is MSC 2021-L7? A US commercial mortgage-backed security issued September 2021 ($921.6M; 62 loans; 105 properties).

Identifiers: Shelf MSC; Series msc2021-l7; CIK 1883246.

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 1883246.

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 and name the CUSIP you hold (or a seat you're sizing up). Cairn tailors the read to your position, with the receipts.

Part of:2021 VintageMSC ShelfKeyBank National Association (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/msc2021-l7.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:Entities8Metrics34Charts15Macro Context1Fund Holdings5Documents5Analysis & Commentary1

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassLD III Holdco II, L.P.
Operating AdvisorPentalpha Surveillance
Certificate AdministratorComputershare Trust Company, N.A.
Special ServicerKeyBank National Association
DepositorMorgan Stanley Capital I Inc.
Master ServicerKeyBank National Association
TrusteeComputershare Trust Company, N.A.

Deal Metrics

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

Deal Overview

Aggregate Original Loan Amount
Current Trust Amount
Number of Loans
Number of Properties
Average Loan Size

Portfolio Characteristics

Weighted Average Interest Rate
Weighted Average Term
WA DSCR (NCF) at Issuance
WA DSCR (NCF) Current
Original Valuation
Current Valuation

Key Dates

Origination Date
Latest Valuation
Latest Transfer
Latest Return
Latest Modification

Special Servicing Status

Loans in Special Servicing
Special Servicing Balance
Loans Returned to Master
Balance Returned
Avg Time in Special Servicing
Avg Time to Return

Valuation Changes

Updated Valuations
Total Updated Value
Value Change Amount
Value Change Percentage

Modifications

Number of Modifications
Modified Balance

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - MSC 2021-L7 - All States
2026-06-30

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-05-27
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
NVIT Bond Index Fund2026-05-18Search FIGILookup LEIA-5$883,9212026-12-31
VALUE LINE ASSET ALLOCATION FUND INC2025-08-21Search FIGILookup LEIA-4$866,8272025-12-31
EQ/Core Plus Bond Portfolio2023-11-27Search FIGILookup LEIA-5$602,5562023-12-31
1290 VT DoubleLine Opportunistic Bond Portfolio2026-06-25Search FIGILookup LEIX-D$511,2402026-12-31
Putnam Diversified Income Trust2026-05-27Search FIGILookup LEIX-A$213,1612026-09-30
Fund NameTranchesIds
NVIT Bond Index Fund
$883,921
2026-12-31
A-5Search FIGI
Lookup LEI
VALUE LINE ASSET ALLOCATION FUND INC
$866,827
2025-12-31
A-4Search FIGI
Lookup LEI
EQ/Core Plus Bond Portfolio
$602,556
2023-12-31
A-5Search FIGI
Lookup LEI
1290 VT DoubleLine Opportunistic Bond Portfolio
$511,240
2026-12-31
X-DSearch FIGI
Lookup LEI
Putnam Diversified Income Trust
$213,161
2026-09-30
X-ASearch FIGI
Lookup LEI
5 of 5 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.
2026-06-30
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2021-10-13
Final Prospectus
Document filing with updated information.
View on SEC →
2021-09-23
Annex A
Document filing with updated information.
View on SEC →
2021-09-23
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2021-09-23
Final 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

2026-06-30
Portfolio (2 Office properties)
Prospectus ID: 1
6/8/2026 The Loan transferred to Special Servicing for payment default in March 2025. The Loan is secured by 2 suburban office buildings in Baskin Ridge, NJ totaling 336,293 sf. A receiver took control of the portfolio in July 2025. The Special Servicer a nd Borrower reached an agreement to release 121 Chanlon in February 2026. Net proceeds from the transaction were applied to the Loan. The Special Servicer continues to negotiate with the Borrower regarding a global resolution.
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.
Set up monitoring for this deal
Have a source-backed note on this deal? Contact us.

Datasets & API#

GET https://dealcharts.org/llm/facts/msc2021-l7.json
{
  "deal_id": "msc2021-l7",
  "issuer": "",
  "shelf": "MSC",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "LD III Holdco II, L.P."
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "KeyBank National Association"
  },
  {
    "role": "Depositor",
    "name": "Morgan Stanley Capital I Inc."
  },
  {
    "role": "Master Servicer",
    "name": "KeyBank National Association"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  }
]
}


Access the underlying datasets used to power these analytics.
Marketplace dataset

CMBS Fund Holdings Dataset

Snowflake Marketplace

Filing data from sec.gov NPORT-P to produce the Fund Holdings table.

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CREFC IRP standardized datasets

Snowflake Marketplace

Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.

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