820 First Street NE
An office property in Washington, District of Columbia. Securitized in 1 CMBS deal in 2022.
$133.0MAppraised value (latest deal)
86.1%Occupancy
$8.2MUnderwritten NOI
6.2%Implied cap rate
- Address
- 820 First Street Northeast, Washington, DC 20002
- Property type
- Office · CBD
- Year built
- 1990
- Size
- 306,104 SF
- Sponsor
- UNIZO Holdings U.S., LLC
- Loan purpose
- Recapitalization
- Largest tenant
- Turner Broadcasting System
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 | $133.0M | 86.1% | $8.2M | 6.2% | $24.0M | 63.6% | 2.87x | 424B |
Historical NOI reported in BBCMS 2022-C14
| Period ending | NOI |
|---|---|
| 7/31/2021 | $7.2M |
| 12/31/2020 | $8.0M |
| 12/31/2019 | $6.6M |
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%.