Sentinel Square II
An office property in Washington, District of Columbia. Securitized in 1 CMBS deal in 2018.
$172.0MAppraised value (latest deal)
94.1%Occupancy
$9.2MUnderwritten NOI
5.3%Implied cap rate
- Address
- 1050 First Street Northeast, Washington, DC 20002
- Property type
- Office · CBD
- Year built
- 2017
- Size
- 164,110 SF
- Sponsor
- Hana Alternative Asset Management Co., Ltd.
- Loan purpose
- Acquisition
- Largest tenant
- District of Columbia
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $172.0M | 94.1% | $9.2M | 5.3% | $45.0M | 59.7% | 2.70x | 424B |
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%.