Hotel · Washington, District of Columbia
Residence Inn National Mall - Washington D.c.
Residence Inn National Mall - Washington D.c. is financed with a $53.0M CMBS loan at 6.874% that reaches maturity on September 6, 2034, in 7 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $53,000,000
- Original balance (same notes)
- $53,000,000
- Interest rate
- 6.874% fixed
- Originated
- August 27, 2024
- Maturity
- September 6, 2034
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2034
- Master servicer
- Wells Fargo Bank, NA
- Originator
- GSBI
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 333 East Street Southwest, Washington, DC 20024
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Units, rooms or beds
- 233
- Built
- 2005, renovated 2018
- Value at securitization
- $83.9M (May 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.98x | 1.73x |
| Occupancy | 80% | 69% |
| Net operating income | $7.3M | $6.4M |
| Debt yield | 12.0% |
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 BANK 2024-BNK48 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points 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
- Occupancy has fallen from 80% when the loan was securitized to 69%.
- Net operating income is 13% below the underwritten figure ($6.4M a year against $7.3M).
- Debt service coverage moved from 1.98x at securitization to 1.73x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $53.0M | Current | No | 1.73x | 69% |
| August 2026 | $53.0M | Current | No | 1.73x | 69% |
| July 2026 | $53.0M | Current | No | 1.73x | 69% |
| June 2026 | $53.0M | Current | No | 1.96x | 73% |
| May 2026 | $53.0M | Current | No | 2.13x | 77% |
| April 2026 | $53.0M | Current | No | 2.13x | 77% |
| March 2026 | $53.0M | Current | No | 2.13x | 77% |
| February 2026 | $53.0M | Current | No | 2.13x | 77% |
| January 2026 | $53.0M | Current | No | 2.13x | 77% |
| December 2025 | $53.0M | Current | No | 2.21x | 80% |
| November 2025 | $53.0M | Current | No | 2.21x | 80% |
| October 2025 | $53.0M | Current | No | 2.21x | 80% |
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 |
|---|---|---|---|---|
| BANK 2024-BNK48 | 7 | $53,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Washington-Arlington-Alexandria loans due in 2034
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Germantown Commons | Germantown, MD | Retail | $49.0M | 5.83% | Sep 2034 | 1.83x | 94% | Current |
| Prince William Square | Woodbridge, VA | Retail | $33.9M | 6.568% | Dec 2034 | 1.41x | 89% | Current |
| Springfield Center | Springfield, VA | Retail | $29.2M | 5.84% | Oct 2034 | 2.11x | 93% | Current |
| Residence Inn Downtown Dc | Washington, DC | Hotel | $20.6M | 6.31% | Nov 2034 | 3.26x | 80% | Current |
| Fairfield Inn & Suites Alexandria | Alexandria, VA | Hotel | $12.2M | 7.44% | Nov 2034 | n/a | n/a | Current |
| Sunrise Shopping Center | Oxon Hill, MD | Retail | $6.0M | 7.08% | Feb 2034 | 2.53x | 91% | Current |
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.