Mixed use · Bloomington, Minnesota
8800 Queen Avenue South
8800 Queen Avenue South is financed with a $16.7M CMBS loan at 4.56% that reaches maturity on February 6, 2028, in 15 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,707,544
- Original balance (same notes)
- $18,500,000
- Interest rate
- 4.56% fixed
- Originated
- January 24, 2018
- Maturity
- February 6, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- November 5, 2027
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 8800 Queen Avenue South, Bloomington, MN 55431
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- Rentable area
- 280,822 sq ft
- Built
- 1957, renovated 1985
- Largest tenants
- General Dynamics; Independent School Dist.; Ramalynn Montessori Academy
- Value at securitization
- $26.6M (Dec 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.72x | 2.63x |
| Occupancy | 95% | 95% |
| Net operating income (annualized from 6 months) | $2.3M | $6.0M |
| Debt yield | 35.9% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B2 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 157% above the underwritten figure ($6.0M a year against $2.3M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.7M | Current | No | 2.63x | 95% |
| August 2026 | $16.7M | Current | No | n/a | n/a |
| July 2026 | $16.8M | Current | No | n/a | n/a |
| June 2026 | $16.8M | Current | No | n/a | n/a |
| May 2026 | $16.8M | Current | No | n/a | n/a |
| April 2026 | $16.9M | Current | No | 2.56x | 95% |
| March 2026 | $16.9M | Current | No | 2.56x | 95% |
| February 2026 | $16.9M | Current | No | 2.56x | 95% |
| January 2026 | $16.9M | Current | No | 2.56x | 95% |
| December 2025 | $17.0M | Current | No | 2.56x | 95% |
| November 2025 | $17.0M | Current | No | 2.59x | 95% |
| October 2025 | $17.0M | Current | No | 2.59x | 95% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B2 | 22 | $16,707,544 | Sep 2026 | SEC filing, September 25, 2026 |
Other Minneapolis-St. Paul-Bloomington loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Park Place East | Minneapolis, MN | Office | $51.0M | 4.62% | Feb 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Offices At Mall Of America | Bloomington, MN | Office | $38.8M | 5.136% | Sep 2028 | 1.56x | 89% | Current |
| 444 Lafayette | Saint Paul, MN | Office | $37.3M | 4.722% | Oct 2028 | n/a | n/a | Current |
| Southpoint Office Center | Bloomington, MN | Office | $32.7M | 4.305% | Feb 2028 | 1.41x | 58% | With the special servicer |
| Braemar Office Park | Edina, MN | Office | $19.1M | 4.384% | Jan 2028 | 1.92x | 88% | Current |
| Crystal Center | Crystal, MN | Retail | $19.1M | 4.90% | Aug 2028 | 2.56x | 97% | Current |
| Gaviidae Common | Minneapolis, MN | Mixed use | $14.2M | 4.29% | Apr 2028 | n/a | n/a | Current |
| Village Ten Sc | Coon Rapids, MN | Retail | $13.0M | 4.75% | Aug 2028 | 2.38x | 94% | Current |
All loans maturing in 2028 · All Minneapolis-St. Paul-Bloomington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.