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The Rowan

FHA New Construction & Substantial Rehab

Endorsed August 27, 2020

FHA #09235851

Deal Details

Location
EAGAN, Minnesota
Mortgage Amount
$42.6M
Units
172
Program
New Construction & Substantial Rehab
Lender
Northmarq
Fiscal Year
FY2020

Current Loan Status

Active
Outstanding Balance
$40.5M($42.6M original)
Interest Rate
3.05%
Maturity
July 2062(36 years remaining)
Original Term
40 years
Holder
Northmarq
Servicer
Northmarq

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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