Mixed use · Rockville, Maryland
275 North Washington
275 North Washington is financed with a $10.6M CMBS loan at 4.615% that reaches maturity on December 6, 2027, in 13 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,600,000
- Original balance (same notes)
- $10,600,000
- Interest rate
- 4.615% fixed
- Originated
- November 22, 2017
- Maturity
- December 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 275 North Washington Street, Rockville, MD 20850
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 23,083 sq ft
- Built
- 2015
- Largest tenants
- FUSION LEARNING INC.; Bank of America; Seikou Group LLC
- Value at securitization
- $16.5M (Oct 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.92x | 2.31x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $951K | $1.2M |
| Debt yield | 10.9% |
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 Morgan Stanley Capital I Trust 2017-HR2 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 21% above the underwritten figure ($1.2M a year against $951K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.92x at securitization to 2.31x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.6M | Current | No | 2.31x | 100% |
| August 2026 | $10.6M | Current | No | 2.29x | 100% |
| July 2026 | $10.6M | Current | No | 2.29x | 100% |
| June 2026 | $10.6M | Current | No | 2.29x | 100% |
| May 2026 | $10.6M | Current | No | 2.41x | 100% |
| April 2026 | $10.6M | Current | No | 2.41x | 100% |
| March 2026 | $10.6M | Current | No | 2.03x | 91% |
| February 2026 | $10.6M | Current | No | 2.03x | 91% |
| January 2026 | $10.6M | Current | No | 2.03x | 91% |
| December 2025 | $10.6M | Current | No | 2.03x | 91% |
| November 2025 | $10.6M | Current | No | 2.03x | 91% |
| October 2025 | $10.6M | Current | No | 1.89x | 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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2017-HR2 | 27 | $10,600,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Washington-Arlington-Alexandria loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Lafayette Centre | Washington, DC | Office | $243.0M | 4.246% | Mar 2027 | n/a | n/a | With the special servicer |
| Pentagon Center | Arlington, VA | Office | $210.0M | 4.326% | Mar 2027 | 2.81x | 100% | Current |
| GSK R&D Centre | Rockville, MD | Office | $138.0M | 3.945% | Jan 2027 | 7.84x | 100% | With the special servicer |
| 1235 South Clark Street | Arlington, VA | Office | $72.5M | 3.939% | Nov 2027 | 1.35x | 65% | Current |
| 2U Headquarters | Lanham, MD | Office | $50.6M | 4.45% | Nov 2027 | -0.44x | n/a | With the special servicer and 90+ days delinquent |
| Westin Crystal City | Arlington, VA | Hotel | $48.0M | 4.511% | Aug 2027 | n/a | n/a | Current |
| Ritchie Station Marketplace | Capitol Heights, MD | Retail | $36.5M | 4.45% | Jun 2027 | 1.48x | 100% | Current |
| Hilltop Plaza | Bowie, MD | Retail | $35.2M | 4.295% | Jul 2027 | 1.72x | 95% | Current |
All loans maturing in 2027 · 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.