Office · Leesburg, Virginia
K2M Leesburgh
K2M Leesburgh is financed with a $27.5M CMBS loan at 5.00% that reaches maturity on January 6, 2027, in 2 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $27,488,785
- Original balance (same notes)
- $29,670,000
- Interest rate
- 5.00% fixed
- Originated
- December 21, 2016
- Maturity
- January 6, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- March 5, 2019
- Prepayment premium ends
- September 5, 2026 (yield maintenance)
- Master servicer
- Midland
- Originator
- CGMRC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 600 & 610 Hope Parkway SE, Leesburg, VA 20175
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 145,819 sq ft
- Built
- 2016
- Largest tenants
- K2M / Stryker
- Value at securitization
- $46.6M (Oct 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.01x | 2.61x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $3.0M | $10.0M |
| Debt yield | 36.5% |
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 CD 2017-CD3 Mortgage Trust filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Matures within 12 months
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 232% above the underwritten figure ($10.0M a year against $3.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.01x at securitization to 2.61x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $27.5M | Current | No | 2.61x | 100% |
| September 2026 | $27.5M | Current | No | n/a | n/a |
| August 2026 | $27.6M | Current | No | n/a | n/a |
| July 2026 | $27.6M | Current | No | n/a | n/a |
| June 2026 | $27.7M | Current | No | n/a | n/a |
| May 2026 | $27.7M | Current | No | n/a | n/a |
| April 2026 | $27.7M | Current | No | 1.73x | 100% |
| March 2026 | $27.8M | Current | No | 1.73x | 100% |
| February 2026 | $27.8M | Current | No | 1.75x | 100% |
| January 2026 | $27.9M | Current | No | 1.75x | 100% |
| December 2025 | $27.9M | Current | No | 1.63x | 100% |
| November 2025 | $28.0M | Current | No | 1.63x | 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 |
|---|---|---|---|---|
| CD 2017-CD3 Mortgage Trust | 16 | $27,488,785 | Oct 2026 | SEC filing, October 22, 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 October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.