Office portfolio, 3 properties · District of Columbia
D.C. Office Portfolio
Public CMBS trusts hold $103.0M of the loan on this portfolio at 4.758% that reaches maturity on March 1, 2027, in 4 months. 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
- $103,016,718
- Original balance (same notes)
- $105,000,000
- Interest rate
- 4.758% fixed
- Originated
- February 13, 2017
- Maturity
- March 1, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 31, 2026
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 15, 2025
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Value at securitization
- $186.8M (Dec 2016)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 0.97x |
| Occupancy | 89% | 61% |
| Net operating income | $9.3M | $4.8M |
| Debt yield | 4.7% |
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 Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Matures within 12 months
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to 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
- Occupancy has fallen from 89% when the loan was securitized to 61%.
- Net operating income is 48% below the underwritten figure ($4.8M a year against $9.3M).
- Debt service coverage moved from 1.83x at securitization to 0.97x on the latest statements.
- At 0.97x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $103.0M | Current | Yes | 0.97x | 61% |
| August 2026 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.97x | 61% |
| July 2026 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.97x | 61% |
| June 2026 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.97x | 61% |
| May 2026 | $103.0M | 30-59 days delinquent | Yes | 0.24x | 86% |
| April 2026 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.24x | 86% |
| March 2026 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.24x | 86% |
| February 2026 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.24x | 86% |
| January 2026 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.24x | 86% |
| December 2025 | $103.0M | Current | Yes | 0.24x | 86% |
| November 2025 | $103.0M | Late payment but less than 30 days delinquent | Yes | 0.24x | 86% |
| October 2025 | $103.0M | 30-59 days delinquent | Yes | 0.24x | 86% |
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 May 15, 2025, 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2017-BNK4 | 1 | $68,677,812 | Sep 2026 | SEC filing, September 29, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33 | 8 | $34,338,906 | Sep 2026 | SEC filing, October 2, 2026 |
Other District of Columbia 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 |
| Manhattan Laundry | Washington, DC | Mixed use | $32.9M | 4.392% | Aug 2027 | 2.17x | 100% | Current |
| Hampton Inn & Suites Ballpark | Washington D.C., DC | Hotel | $25.5M | 4.33% | Dec 2027 | 2.86x | 70% | Current |
| 1313 -1317 14th Street NW | Washington, DC | Mixed use | $16.3M | 4.22% | Sep 2027 | n/a | n/a | Current |
| 1827 Adams Mill Road | Washington, DC | Retail | $5.3M | 4.47% | Nov 2027 | n/a | n/a | Current |
| 1442 Pennsylvania Avenue Southeast | Washington, DC | Mixed use | $4.3M | 4.689% | Nov 2027 | 1.02x | 100% | Current |
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.