Office · Eden Prairie, Minnesota
Uhg Optum Health Campus
Uhg Optum Health Campus is financed with a $26.6M CMBS loan at 4.00% that reaches maturity on August 6, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $26,600,000
- Original balance (same notes)
- $26,600,000
- Interest rate
- 4.00% fixed
- Originated
- July 10, 2020
- Maturity
- August 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2030
- Prepayment premium ends
- April 5, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- AREF
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred July 24, 2025, returned August 6, 2025
- Workout strategy
- Resolved
- Defeasance
- Partly defeased
The property
- Address
- 13625 & 13675 Technology Drive, Eden Prairie, MN 55344
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- Rentable area
- 473,325 sq ft
- Built
- 2001, renovated 2016
- Largest tenants
- UNITED HEALTHCARE SERVICES, INC. D/B/A OPTUM
- Value at securitization
- $52.6M (Mar 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 3.43x | -1.66x |
| Occupancy | 100% | n/a |
| Net operating income (annualized from 3 months) | $3.7M | $-1.8M |
| Debt yield | -6.7% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Morgan Stanley Capital I Trust 2020-HR8 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 148% below the underwritten figure ($-1.8M a year against $3.7M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 3.43x at securitization to -1.66x on the latest statements.
- At -1.66x, the property's reported NOI does not cover its debt service.
- The filing gives Dec 2023 as the lease end date for the largest tenant (UNITED HEALTHCARE SERVICES, INC. D/B/A OPTUM), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $26.6M | Current | No | -1.66x | n/a |
| August 2026 | $26.6M | Current | No | -1.66x | n/a |
| July 2026 | $26.6M | Current | No | -1.66x | n/a |
| June 2026 | $26.6M | Current | No | -1.66x | n/a |
| May 2026 | $26.6M | Current | No | -1.47x | n/a |
| April 2026 | $26.6M | Current | No | -1.47x | n/a |
| March 2026 | $26.6M | Current | No | -1.74x | n/a |
| February 2026 | $26.6M | Current | No | -1.74x | n/a |
| January 2026 | $26.6M | Current | No | -1.74x | n/a |
| December 2025 | $26.6M | Current | No | -1.74x | n/a |
| November 2025 | $26.6M | Current | No | -2.04x | n/a |
| October 2025 | $26.6M | Current | No | -2.04x | n/a |
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.
Special-servicing history
- Transferred to the special servicer July 24, 2025, returned to the master servicer August 6, 2025.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2020-HR8 | 8 | $26,600,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Minneapolis-St. Paul-Bloomington loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Ridgedale Center | Minnetonka, MN | Retail | $118.7M | 7.094% | Jun 2030 | 1.63x | 89% | Current |
| Skywater Technology HQ | Bloomington, MN | Mixed use | $32.7M | 3.44% | Oct 2030 | 1.80x | 100% | Current |
| Lakeside Flats | Lakeville, MN | Multifamily | $16.8M | 4.46% | Mar 2030 | 1.39x | 94% | Current |
| 6655 Wedgwood Road | Maple Grove, MN | Office | $9.8M | 4.03% | Oct 2030 | 1.10x | 68% | Current |
| N1563 US Highway 63 | Hager City, WI | Self storage | $4.5M | 6.71% | Aug 2030 | n/a | n/a | Current |
| City Line Hudson KO Storage | Hudson, WI | Self storage | $3.5M | 6.28% | Nov 2030 | 1.36x | 77% | Current |
| Dollar General- Isanti | Isanti, MN | Retail | $966K | 4.78% | Aug 2030 | 2.06x | 100% | Current |
| Dollar General-Becker, Mn | Becker, MN | Retail | $924K | 4.77% | Mar 2030 | 1.86x | 100% | Current |
All loans maturing in 2030 · 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 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.