Ritz Carlton Washington DC Retail
A retail property in Washington, District of Columbia. Securitized in 1 CMBS deal in 2018.
$120.7MAppraised value (latest deal)
100.0%Occupancy
$6.7MUnderwritten NOI
5.5%Implied cap rate
- Address
- 2200 M Street, Northwest, Washington, DC 20037
- Property type
- Retail · Urban Retail
- Year built
- 2000
- Size
- 132,377 SF
- Sponsor
- Millennium Partners
- Loan purpose
- Refinance
- Largest tenant
- Equinox
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2018-L1 | 2018-10-23 | $120.7M | 100.0% | $6.7M | 5.5% | $3.7M | 32.3% | 424B |
Historical NOI reported in MSC 2018-L1
| Period ending | NOI |
|---|---|
| 12/31/2017 | $6.5M |
| 12/31/2016 | $6.6M |
| 12/31/2015 | $6.3M |
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%.