Office portfolio, 2 properties · Washington, District of Columbia
Unizo Four for 1100 First Street
This portfolio is financed with a $65.0M CMBS loan at 3.002% that reaches maturity on October 1, 2031, in 4 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $65,000,000
- Original balance (same notes)
- $65,000,000
- Interest rate
- 3.002% fixed
- Originated
- September 30, 2021
- Maturity
- October 1, 2031
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Barclays
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred June 4, 2025
- Workout strategy
- Foreclosure
- Defeasance
- None reported
The property
- Address
- 1100 First Street Northeast, Washington, DC 20002
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Value at securitization
- $332.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | $15.5M |
| Debt yield | 23.9% |
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 BBCMS Mortgage Trust 2021-C12 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Unizo Four for 1100 First Street | Washington, DC | Office | 64% | 2.21x |
| Unizo Three for 820 First Street | Washington, DC | Office | 55% | 2.70x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $65.0M | 90+ days delinquent | Yes | 2.21x | 64% |
| August 2026 | $65.0M | 90+ days delinquent | Yes | 2.21x | 64% |
| July 2026 | $65.0M | 60-89 days delinquent | Yes | 2.21x | 64% |
| June 2026 | $65.0M | 30-59 days delinquent | Yes | 2.21x | 64% |
| May 2026 | $65.0M | 60-89 days delinquent | Yes | 2.21x | 64% |
| April 2026 | $65.0M | 30-59 days delinquent | Yes | 2.21x | 64% |
| March 2026 | $65.0M | 90+ days delinquent | Yes | 2.21x | 64% |
| February 2026 | $65.0M | 90+ days delinquent | Yes | 2.21x | 64% |
| January 2026 | $65.0M | Not reported | Yes | 2.21x | 64% |
| December 2025 | $65.0M | 90+ days delinquent | Yes | 2.70x | 64% |
| November 2025 | $65.0M | 90+ days delinquent | Yes | 2.21x | 64% |
| October 2025 | $65.0M | 90+ days delinquent | Yes | 2.21x | 64% |
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 June 4, 2025, still there.
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2021-C12 | 3 | $65,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Washington-Arlington-Alexandria loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1100 First Street NE | Washington, DC | Office | $146.0M | 3.002% | Oct 2031 | n/a | n/a | With the special servicer and 30-59 days delinquent |
| Project Embassy | Washington, DC | Mixed use | $140.0M | 7.542% | Aug 2031 | n/a | n/a | Current |
| Three Constitution Square | Washington, DC | Office | $96.0M | 2.579% | May 2031 | 5.35x | 100% | Current |
| National Cancer Institute Center | Frederick, MD | Office | $83.0M | 2.759% | Jun 2031 | 4.24x | 100% | Current |
| Mall at Prince Georges | Hyattsville, MD | Retail | $57.9M | 7.355% | Jun 2031 | n/a | n/a | Current |
| The Landing at Woodyard | Clinton, MD | Retail | $44.5M | 3.74% | Jul 2031 | 2.30x | 100% | Current |
| Crescent Gateway | Bethesda, MD | Mixed use | $43.0M | 4.03% | Feb 2031 | 1.55x | 100% | Current |
| 8111 Gatehouse Road | Falls Church, VA | Office | $37.2M | 3.623% | May 2031 | 1.74x | 51% | Current |
All loans maturing in 2031 · 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.