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Phalen Senior Apartments
FHA New Construction & Substantial Rehab
Endorsed February 9, 2005
FHA #09235662
Deal Details
- Location
- Saint Paul, Minnesota
- Mortgage Amount
- $5.7M
- Units
- 73
- Lender
- GLASER FINANCIAL GRP
- Fiscal Year
- FY2005
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $3.6M($5.7M original)
- Interest Rate
- 3.45%
- Maturity
- May 2046(20 years remaining)
- Original Term
- 40 years
- 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