1100 First Street NE
An office property in Washington, District of Columbia. Securitized in 1 CMBS deal in 2022.
$199.0MAppraised value (latest deal)
91.7%Occupancy
$11.6MUnderwritten NOI
5.8%Implied cap rate
- Address
- 1100 First Street Northeast, Washington, DC 20002
- Property type
- Office · CBD
- Year built
- 2009
- Size
- 348,967 SF
- Sponsor
- UNIZO Holdings U.S., LLC
- Loan purpose
- Recapitalization
- Largest tenant
- GSA - Department Veterans Affairs
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BBCMS 2022-C14 | 2022-02-23 | $199.0M | 91.7% | $11.6M | 5.8% | $36.0M | 63.6% | 2.87x | 424B |
Historical NOI reported in BBCMS 2022-C14
| Period ending | NOI |
|---|---|
| 7/31/2021 | $13.1M |
| 12/31/2020 | $12.3M |
| 12/31/2019 | $11.9M |
More CMBS properties in District of Columbia →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.