Office · Sterling, Virginia
22330 Glenn Drive
22330 Glenn Drive is financed with a $26.3M CMBS loan at 8.139% that reaches maturity on July 1, 2028, in 20 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $26,340,000
- Original balance (same notes)
- $26,340,000
- Interest rate
- 8.139% fixed
- Originated
- June 23, 2023
- Maturity
- July 1, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ended
- July 31, 2025
- Prepayment premium ends
- December 31, 2027 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 22330 Glenn Drive, Sterling, VA 20164
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 167,440 sq ft
- Built
- 2016
- Largest tenants
- GSA; Level 3 Communications
- Value at securitization
- $45.0M (May 2023)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 1.34x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $4.0M | $2.9M |
| Debt yield | 11.2% |
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 2023-BNK46 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 26% below the underwritten figure ($2.9M a year against $4.0M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.83x at securitization to 1.34x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $26.3M | Current | No | 1.34x | 100% |
| August 2026 | $26.3M | Current | No | 1.34x | 100% |
| July 2026 | $26.3M | Current | No | 1.75x | 100% |
| June 2026 | $26.3M | Current | No | 1.75x | 100% |
| May 2026 | $26.3M | Current | No | 1.89x | 100% |
| April 2026 | $26.3M | Current | No | 1.89x | 100% |
| March 2026 | $26.3M | Current | No | 1.89x | 100% |
| February 2026 | $26.3M | Current | No | 1.89x | 100% |
| January 2026 | $26.3M | Current | No | 1.89x | 100% |
| December 2025 | $26.3M | Current | No | 1.89x | 100% |
| November 2025 | $26.3M | Current | No | 1.84x | 100% |
| October 2025 | $26.3M | Current | No | 1.75x | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2023-BNK46 | 12 | $26,340,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Washington-Arlington-Alexandria loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Tysons Corner Center | McLean, VA | Retail | $269.8M | 6.601% | Dec 2028 | 1.93x | 86% | Current |
| One Dulles Tower | Herndon, VA | Office | $152.0M | 3.986% | Mar 2028 | 2.32x | 100% | Current |
| Village at Leesburg | Leesburg, VA | Retail | $124.3M | 4.758% | Apr 2028 | 1.19x | 96% | Current |
| Extra Space Washington | Washington, DC | Self storage | $105.0M | 4.532% | Mar 2028 | n/a | n/a | Current |
| Sentinel Square II | Washington, DC | Office | $104.0M | 6.05% | Dec 2028 | 1.18x | 94% | Current |
| Braddock Metro Center | Alexandria, VA | Office | $71.6M | 4.57% | Feb 2028 | 1.01x | 81% | With the special servicer and 90+ days delinquent |
| Ellsworth Place | Silver Spring, MD | Retail | $64.5M | 5.01% | Aug 2028 | 1.31x | 91% | With the special servicer and 90+ days delinquent |
| South Lake at Dulles | Herndon, VA | Office | $60.5M | 6.058% | Mar 2028 | 2.36x | 100% | Current |
All loans maturing in 2028 · All Washington-Arlington-Alexandria 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.