Office · Washington, District of Columbia
Hall of the States
400-444 North Capitol Street Northwest, Washington, DC · Google Maps
Public CMBS trusts hold $75.0M of the loan on Hall of the States at 6.553% that reaches maturity on October 6, 2031, in 4 years and 11 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $75,000,000
- Original balance (same notes)
- $75,000,000
- Interest rate
- 6.553% fixed
- Originated
- September 8, 2026
- Maturity
- October 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2031
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 400-444 North Capitol Street Northwest, Washington, DC 20001
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 619,328 sq ft
- Built
- 1976, renovated 2022
- Largest tenants
- NBC News Channel (Sublease/Versant Media, LLC); Fox News, Inc.; C-SPAN
- Value at securitization
- $289.6M (Jun 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 2.73x | n/a |
| Occupancy | 84% | n/a |
| Net operating income | $25.4M | n/a |
No debt yield is shown: the notes in the trusts below add up to only part of this loan, and the rest is held outside the public trusts tracked here, so the whole balance is not in these filings.
Comparable loans: office properties in Washington-Arlington-Alexandria, DC-VA-MD-WV, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-V24 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC October 26, 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
- The filing gives Jan 2029 as the lease end date for the largest tenant (NBC News Channel (Sublease/Versant Media, LLC)), before the loan matures. Lenders look hard at that rollover.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Nov 2026.
Operating statement
| Annual | At securitization | Latest | Per sq ft |
|---|---|---|---|
| Revenue | $42.5M | n/a | |
| Operating expenses | $17.1M | n/a | |
| Net operating income | $25.4M | n/a | |
| Net cash flow | $24.5M | n/a | |
| Expense ratio | 40.3% | n/a |
From the servicer's Schedule AL report; 619,328 sq ft; renovated 2022.
Largest tenants
| Tenant | Sq ft | Share of building | Lease ends |
|---|---|---|---|
| NBC News Channel (Sublease/Versant Media, LLC) | 86,210 | 14% | Jan 2029 |
| Fox News, Inc. | 51,870 | 8% | Jun 2030 |
| C-SPAN | 51,638 | 8% | Oct 2034 |
Red: the lease ends before the loan matures.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-V24 Mortgage Trust | 1 | $75,000,000 | Nov 2026 | SEC filing, October 26, 2026 |
Other Washington-Arlington-Alexandria loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1100 First Street NE and 1 other property | Washington, DC | Office | $211.0M | 3.002% | Oct 2031 | n/a | n/a | With the special servicer and 30-59 days delinquent |
| Project Embassy | Washington, DC | Mixed use | $140.0M | 7.542% | Aug 2031 | 1.25x | 98% | Current |
| Mall at Prince George's | Hyattsville, MD | Retail | $99.7M | 7.355% | May 2031 | 1.60x | 99% | Current |
| Three Constitution Square | Washington, DC | Office | $96.0M | 2.579% | May 2031 | 5.30x | 100% | Current |
| National Cancer Institute Center | Frederick, MD | Office | $83.0M | 2.759% | Jun 2031 | 4.24x | 100% | Current |
| The Landing at Woodyard | Clinton, MD | Retail | $44.5M | 3.74% | Jul 2031 | 2.30x | 100% | Current |
| Crescent Gateway | Bethesda, MD | Mixed use | $42.9M | 4.03% | Feb 2031 | 1.37x | 80% | Current |
| 8111 Gatehouse Road | Falls Church, VA | Office | $37.2M | 3.623% | May 2031 | 1.74x | 51% | Not reported |
All loans maturing in 2031 · All Washington-Arlington-Alexandria loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.