Property
Colonnade Corporate Center
Address
3500, 3700 & 3800 Colonnade Parkway, Birmingham, AL 35243
Property type
Office
Status reported
Bank-owned (REO)
Previous month
In foreclosure
Reporting period ending
October 13, 2026
Loan balance, all listed trusts
$79,477,393
Payment status
90+ days delinquent
Paid through
March 5, 2026
In special servicing since
February 28, 2025
CMBS trusts
Benchmark 2021-B28 Mortgage Trust; BENCHMARK 2021-B27 MORTGAGE TRUST

In its monthly loan-level report to the SEC for the period ending October 13, 2026 (Form ABS-EE, filed October 27, 2026), Benchmark 2021-B28 Mortgage Trust reported the loan secured by Colonnade Corporate Center in Birmingham, AL as now bank-owned (REO): the trust has taken title. In the trust's previous monthly report the loan was in foreclosure. The loan is split across several trusts; BENCHMARK 2021-B27 MORTGAGE TRUST reported the same change.

This is the loan servicer's report, not a court record: it gives no case number, and it usually trails the underlying event by a month or two. Whether a foreclosure runs through a court depends on the state. CREdocket lists the property and the trust only, never the borrower.

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From the trust's Exhibit 102 asset data file (SEC Regulation AB, Schedule AL), compared with its previous month's file. Figures are as reported by the servicer. Not legal or investment advice. Something wrong here? Tell us and we will correct it.