Mixed use · Washington, District of Columbia
Manhattan Laundry
Manhattan Laundry is financed with a $32.9M CMBS loan at 4.392% that reaches its anticipated repayment date on August 5, 2027, in 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $32,875,000
- Original balance (same notes)
- $32,875,000
- Interest rate
- 4.392% fixed
- Originated
- July 31, 2017
- Maturity
- August 5, 2027
- Anticipated repayment date
- August 5, 2027 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for 119 months, then amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Not reported
- Special servicing
- Transferred January 19, 2021, returned August 7, 2024
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 1328-1348 Florida Avenue, Washington, DC 20009
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 77,851 sq ft
- Built
- 1877, renovated 2016
- Largest tenants
- The Mark; The Mark; Franklin Hall
- Value at securitization
- $52.7M (Aug 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.17x |
| Occupancy | 96% | 100% |
| Net operating income | n/a | $3.2M |
| Debt yield | 9.7% |
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 CSAIL 2017-CX9 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- Occupancy has risen from 96% when the loan was securitized to 100%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $32.9M | Not reported | No | 2.17x | 100% |
| August 2026 | $32.9M | Not reported | No | 2.17x | 100% |
| July 2026 | $32.9M | Not reported | No | 2.17x | 100% |
| June 2026 | $32.9M | Not reported | No | 2.17x | 100% |
| May 2026 | $32.9M | Not reported | No | 2.17x | 100% |
| April 2026 | $32.9M | Not reported | No | 2.17x | 100% |
| March 2026 | $32.9M | Late payment but less than 30 days delinquent | No | 2.15x | 100% |
| February 2026 | $32.9M | Not reported | No | 2.15x | 100% |
| January 2026 | $32.9M | Not reported | No | 2.24x | 100% |
| December 2025 | $32.9M | Not reported | No | 2.24x | 100% |
| November 2025 | $32.9M | Not reported | No | 2.24x | 100% |
| October 2025 | $32.9M | Not reported | No | 2.24x | 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.
Special-servicing history
- Transferred to the special servicer January 19, 2021, returned to the master servicer August 7, 2024.
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CSAIL 2017-CX9 Commercial Mortgage Trust | 12 | $32,875,000 | Sep 2026 | SEC filing, September 28, 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.