Office · Silver Spring, Rockville, Maryland
Moco Portfolio
Moco Portfolio is financed with a $26.0M CMBS loan at 7.25% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $26,000,000
- Original balance (same notes)
- $26,000,000
- Interest rate
- 7.25% fixed
- Originated
- October 22, 2024
- Maturity
- November 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 12510 Prosperity Drive, 12520 Prosperity Drive, 12501 Prosperity Drive and 7361 Calhoun Place, Silver Spring, Rockville, MD 20904
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 381,106 sq ft
- Built
- 1984
- Largest tenants
- Arthritis and Rheumatism Associates; HISTORY ASSOCIATES INCORPORAT; DEALERON INC.
- Value at securitization
- $40.0M (Jul 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.22x | 1.77x |
| Occupancy | 78% | 80% |
| Net operating income (annualized from 6 months) | $4.2M | $3.4M |
| Debt yield | 13.1% |
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 BANK5 2024-5YR11 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 20% below the underwritten figure ($3.4M a year against $4.2M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.22x at securitization to 1.77x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $26.0M | Current | No | 1.77x | 80% |
| August 2026 | $26.0M | Current | No | 1.77x | 80% |
| July 2026 | $26.0M | Current | No | 1.56x | 81% |
| June 2026 | $26.0M | Current | No | 1.83x | 77% |
| May 2026 | $26.0M | Current | No | 1.83x | 77% |
| April 2026 | $26.0M | Current | No | 1.83x | 77% |
| March 2026 | $26.0M | Current | No | 1.83x | 77% |
| February 2026 | $26.0M | Current | No | 1.83x | 77% |
| January 2026 | $26.0M | Current | No | 1.80x | 79% |
| December 2025 | $26.0M | Current | No | 1.80x | 79% |
| November 2025 | $26.0M | Current | No | 1.80x | 79% |
| October 2025 | $26.0M | Current | No | 1.75x | 76% |
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 |
|---|---|---|---|---|
| BANK5 2024-5YR11 | 9 | $26,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Washington-Arlington-Alexandria loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Parklawn Building | Rockville, MD | Office | $261.6M | 3.398% | Nov 2029 | 2.79x | 73% | Current |
| 1812 North Moore | Arlington, VA | Office | $172.7M | 7.53% | May 2029 | 0.96x | 99% | Late, less than 30 days |
| Uline Arena | Washington, DC | Mixed use | $120.0M | 4.04% | Aug 2029 | 1.68x | 94% | Current |
| 425 Eye Street | Washington, DC | Office | $102.2M | 1.00% | Jan 2029 | 3.57x | 77% | Current |
| 2001 K Street | Washington, DC | Office | $95.0M | 7.388% | May 2029 | 1.43x | 97% | Current |
| Tysons Corner Center - Office Tower | McLean, VA | Office | $95.0M | 3.33% | Oct 2029 | n/a | n/a | Current |
| Potomac Tower | Arlington, VA | Office | $84.0M | 7.60% | Sep 2029 | 1.66x | 100% | Current |
| Powered Shell Portfolio - Manassas DC-18 | Manassas, VA | Industrial | $83.8M | 3.637% | Jul 2029 | n/a | n/a | Current |
All loans maturing in 2029 · 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.