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PRAIRIE LOFTS

FHA Acquisition & Refinance

Endorsed March 14, 2025

FHA #09211554

Deal Details

Location
Luverne, Minnesota
Mortgage Amount
$5.4M
Units
54
Program
Acquisition & Refinance
Lender
HARPER CAPITAL PARTNERS, LLC
Fiscal Year
FY2025

Current Loan Status

Active
Outstanding Balance
$5.3M($5.4M original)
Interest Rate
5.46%
Maturity
April 2060(34 years remaining)
Original Term
35 years
Holder
HARPER CAPITAL PARTNERS, LLC
Servicer
HARPER CAPITAL PARTNERS, 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

hud.gov multifamily data

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