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Grand Forks Portfolio

FHA New Construction & Substantial Rehab

Endorsed August 16, 2022

FHA #09435063

Deal Details

Location
GRAND FORKS, North Dakota
Mortgage Amount
$10.9M
Units
182
Program
New Construction & Substantial Rehab
Lender
Colliers Mortgage
Fiscal Year
FY2022
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$10.7M($10.9M original)
Interest Rate
4.85%
Maturity
September 2063(37 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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