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RASPBERRY RIDGE

FHA New Construction & Substantial Rehab

Endorsed June 24, 2021

FHA #09235868

Deal Details

Location
HOPKINS, Minnesota
Mortgage Amount
$21.0M
Units
144
Program
New Construction & Substantial Rehab
Lender
Wells Fargo Multifamily Capital
Fiscal Year
FY2021
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$20.1M($21.0M original)
Interest Rate
2.66%
Maturity
December 2062(37 years remaining)
Original Term
40 years
Holder
Wells Fargo Multifamily Capital
Servicer
Wells Fargo Multifamily Capital

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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