Property
Hayes Court
Address
33-53 82nd Street, Jackson Heights, NY 11372
Property type
Multifamily
Status reported
Borrower in bankruptcy
Previous month
In foreclosure
Reporting period ending
October 13, 2026
Loan balance
$17,100,000
Payment status
90+ days delinquent
Paid through
March 1, 2024
In special servicing since
June 6, 2024
CMBS trust
BBCMS Mortgage Trust 2021-C12

In its monthly loan-level report to the SEC for the period ending October 13, 2026 (Form ABS-EE, filed October 29, 2026), BBCMS Mortgage Trust 2021-C12 reported the loan secured by Hayes Court in Jackson Heights, NY as in bankruptcy (the servicer's workout strategy is the borrower's bankruptcy case). In the trust's previous monthly report the loan was in foreclosure.

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.