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East Phillips Commons

FHA New Construction & Substantial Rehab

Endorsed October 8, 2003

FHA #09235643

Deal Details

Location: Minneapollis, Minnesota
Mortgage Amount: $2.5M
Units: 34
Program: New Construction & Substantial Rehab
Lender: GLASER FINANCIAL GRP
Fiscal Year: FY2004
LIHTC: Yes
Tax-Exempt: Yes

Current Loan Status

Active

Outstanding Balance: $1.4M($2.5M original)
Interest Rate: 2.98%
Maturity: August 2044(18 years remaining)
Original Term: 40 years
Holder: JLL Real Estate Capital, LLC
Servicer: JLL Real Estate Capital, LLC

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