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1500 NICOLLET

FHA New Construction & Substantial Rehab

Endorsed November 8, 2017

FHA #09235820

Deal Details

Location
MINNEAPOLIS, Minnesota
Mortgage Amount
$35.5M
Units
183
Program
New Construction & Substantial Rehab
Lender
Colliers Mortgage
Fiscal Year
FY2018
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$32.6M($35.5M original)
Interest Rate
3.63%
Maturity
August 2059(33 years remaining)
Original Term
40 years
Holder
Colliers Mortgage
Servicer
Colliers Mortgage

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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