Industrial · Landover, Maryland
Centrepointe Business Park
Centrepointe Business Park is financed with a $27.0M CMBS loan at 7.35% that reaches maturity on April 6, 2030, in 3 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $27,000,000
- Original balance (same notes)
- $27,000,000
- Interest rate
- 7.35% fixed
- Originated
- April 2, 2025
- Maturity
- April 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 801-899, 901-999 and 1001-1099 Brightseat Road, Landover, MD 20785
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 258,775 sq ft
- Built
- 1985, renovated 2002
- Largest tenants
- State Of Md - Dept Of Human Servir; Gsa - Secret Service; State Of MD - DHS
- Value at securitization
- $45.8M (Nov 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.80x | 1.54x |
| Occupancy | 84% | 82% |
| Net operating income (annualized from 6 months) | $3.6M | $3.1M |
| Debt yield | 11.5% |
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 BBCMS Mortgage Trust 2025-5C34 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x 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 14% below the underwritten figure ($3.1M a year against $3.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.80x at securitization to 1.54x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $27.0M | Current | No | 1.54x | 82% |
| August 2026 | $27.0M | Current | No | 1.45x | 82% |
| July 2026 | $27.0M | Current | No | 1.45x | 82% |
| June 2026 | $27.0M | Current | No | 1.60x | 88% |
| May 2026 | $27.0M | Current | No | 1.60x | 88% |
| April 2026 | $27.0M | Current | No | 1.60x | 88% |
| March 2026 | $27.0M | Current | No | 1.61x | 82% |
| February 2026 | $27.0M | Current | No | 1.61x | 82% |
| January 2026 | $27.0M | Current | No | 1.49x | 82% |
| December 2025 | $27.0M | Current | No | 1.49x | 82% |
| November 2025 | $27.0M | Current | No | n/a | n/a |
| October 2025 | $27.0M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-5C34 | 13 | $27,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Washington-Arlington-Alexandria loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Springfield Town Center | Springfield, VA | Retail | $150.0M | 7.115% | Jul 2030 | 1.56x | 96% | Current |
| Four Constitution Square | Washington, DC | Office | $138.0M | 2.536% | Nov 2030 | 5.02x | 100% | Current |
| 9911 Belward | Rockville, MD | Office | $128.7M | 5.00% | Oct 2030 | n/a | n/a | Current |
| The Wharf | Washington, DC | Other | $102.5M | 5.439% | Jul 2030 | n/a | n/a | Current |
| The Liz | Washington, DC | Mixed use | $93.0M | 4.45% | Aug 2030 | 1.54x | 92% | Current |
| 1401 H | Washington, DC | Office | $78.0M | 6.80% | Apr 2030 | 1.42x | 79% | Current |
| 3170 & 3180 Fairview Park Drive | Falls Church, VA | Office | $51.7M | 3.288% | Nov 2030 | 2.44x | 98% | Current |
| St. Charles Towne Plaza | Waldorf, MD | Retail | $28.5M | 6.83% | Jun 2030 | 1.90x | 100% | Current |
All loans maturing in 2030 · 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.