Office · Auburn Hills, Michigan
3800 Hamlin
3800 Hamlin is financed with a $24.0M CMBS loan at 3.218% that reaches maturity on November 11, 2026, this month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $23,999,754
- Original balance (same notes)
- $26,650,000
- Interest rate
- 3.218% fixed
- Originated
- October 20, 2021
- Maturity
- November 11, 2026
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- July 10, 2026
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- Transferred August 12, 2026
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Address
- 3800 West Hamlin Road, Auburn Hills, MI 48326
- Metro
- Detroit-Warren-Dearborn, MI
- Rentable area
- 359,376 sq ft
- Built
- 1991
- Largest tenants
- Volkswagen Group of America Inc
- Value at securitization
- $45.0M (Sep 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.10x | 4.07x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $4.3M | $5.7M |
| Debt yield | 23.7% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2021-BNK37 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- Matures within 12 months
- Largest tenant's lease ends within 12 months
On the cmbs.news watch list in every report since September 2026.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 33% above the underwritten figure ($5.7M a year against $4.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.10x at securitization to 4.07x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.0M | Late payment but less than 30 days delinquent | Yes | 4.07x | 100% |
| August 2026 | $24.0M | Current | No | 4.56x | 100% |
| July 2026 | $24.0M | Current | No | 4.56x | 100% |
| June 2026 | $24.1M | Current | No | 4.56x | 100% |
| May 2026 | $24.1M | Current | No | 3.90x | 100% |
| April 2026 | $24.2M | Current | No | 3.90x | 100% |
| March 2026 | $24.2M | Current | No | 3.90x | 100% |
| February 2026 | $24.3M | Current | No | 3.90x | 100% |
| January 2026 | $24.3M | Current | No | 3.95x | 100% |
| December 2025 | $24.4M | Current | No | 3.95x | 100% |
| November 2025 | $24.4M | Current | No | 3.95x | 100% |
| October 2025 | $24.5M | Current | No | 4.07x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Special-servicing history
- Transferred to the special servicer August 12, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2021-BNK37 | 14 | $23,999,754 | Sep 2026 | SEC filing, September 29, 2026 |
Other Detroit-Warren-Dearborn loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Seven Mile Crossing | Livonia, MI | Office | $15.9M | 3.86% | Nov 2026 | n/a | n/a | Current |
| Livonia Commons | Livonia, MI | Retail | $14.0M | 4.163% | Oct 2026 | 1.75x | 100% | Current |
| Boulevard Apartments | Auburn Hills, MI | Multifamily | $13.0M | 4.66% | Dec 2026 | 4.40x | 100% | Current |
| 23 Mile Macomb Medical Campus | Macomb, MI | Office | $11.4M | 4.588% | Nov 2026 | n/a | n/a | Current |
| La Mirage Shopping Center | Southfield, MI | Retail | $2.8M | 4.87% | Nov 2026 | 2.53x | 100% | Current |
| Country Side Plaza | Clinton Township, MI | Retail | $1.1M | 5.29% | Dec 2026 | 2.13x | 89% | Current |
All loans maturing in 2026 · All Detroit-Warren-Dearborn loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.