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SHERMAN FORBES

FHA New Construction & Substantial Rehab

Endorsed July 6, 2023

FHA #09235884

Deal Details

Location
ST. PAUL, Minnesota
Mortgage Amount
$18.3M
Units
104
Program
New Construction & Substantial Rehab
Lender
Colliers Mortgage
Fiscal Year
FY2023
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$18.1M($18.3M original)
Interest Rate
5.52%
Maturity
August 2064(38 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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