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THE AMERICAN COOPERATIVE ON LAKE PHALEN
FHA New Construction & Substantial Rehab
Endorsed March 15, 2024
FHA #09223296
Deal Details
- Location
- MAPLEWOOD, Minnesota
- Mortgage Amount
- $21.0M
- Units
- 56
- Lender
- Colliers Mortgage
- Fiscal Year
- FY2024
Current Loan Status
Active- Outstanding Balance
- $20.9M($21.0M original)
- Interest Rate
- 5.59%
- Maturity
- August 2065(39 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
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