Mixed use · Chantilly, Virginia
Quest Diagnostics - Chantilly
Quest Diagnostics - Chantilly is financed with a $57.3M CMBS loan at 5.66% that reaches maturity on December 6, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $57,300,000
- Original balance (same notes)
- $57,300,000
- Interest rate
- 5.66% fixed
- Originated
- November 13, 2024
- Maturity
- December 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2026
- Prepayment premium ends
- August 5, 2029 (yield maintenance)
- Master servicer
- Wells Fargo Bank, NA
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 14225 Newbrook Drive, Chantilly, VA 20151
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 248,186 sq ft
- Built
- 1991, renovated 2006
- Largest tenants
- Quest Diagnostics Incorporated
- Value at securitization
- $81.0M (Sep 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.78x | 1.66x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $5.9M | $5.5M |
| Debt yield | 9.5% |
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 BMO 2024-5C8 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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
- Net operating income is 7% below the underwritten figure ($5.5M a year against $5.9M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.78x at securitization to 1.66x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $57.3M | Current | No | 1.66x | 100% |
| August 2026 | $57.3M | Current | No | 1.66x | 100% |
| July 2026 | $57.3M | Current | No | 1.66x | 100% |
| June 2026 | $57.3M | Current | No | 1.59x | 100% |
| May 2026 | $57.3M | Current | No | 1.59x | 100% |
| April 2026 | $57.3M | Current | No | 1.59x | 100% |
| March 2026 | $57.3M | Current | No | 1.60x | 100% |
| February 2026 | $57.3M | Current | No | 1.60x | 100% |
| January 2026 | $57.3M | Current | No | 1.60x | 100% |
| December 2025 | $57.3M | Current | No | 1.60x | 100% |
| November 2025 | $57.3M | Current | No | 1.60x | 100% |
| October 2025 | $57.3M | Current | No | 1.60x | 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 |
|---|---|---|---|---|
| BMO 2024-5C8 Mortgage Trust | 6 | $57,300,000 | Sep 2026 | SEC filing, October 2, 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.