1615 L Street
An office property in Washington, District of Columbia. Securitized in 1 CMBS deal in 2013.
$213.0MAppraised value (latest deal)
89.4%Occupancy
$10.8MUnderwritten NOI
5.1%Implied cap rate
- Address
- 1615 L Street Northwest, Washington, DC 20036
- Property type
- Office · CBD
- Year built
- 1984
- Size
- 417,383 SF
- Loan purpose
- Refinance
- Largest tenant
- Fleishman Hillard
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMBB 2013-C15 | 2013-10-29 | $213.0M | 89.4% | $10.8M | 5.1% | $100.0M | 63.0% | 1.54x | 424B |
Historical NOI reported in JPMBB 2013-C15
| Period ending | NOI |
|---|---|
| 12/31/2012 | $9.8M |
| 12/31/2011 | $7.7M |
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%.